In the United States, for approval of a claim on the grounds of securities as a class action, no proof of financial loss is required

A kitchen worker at a restaurant resigned after not being paid his rights. The employee demanded that the company shareholders pay his rights personally by piercing the corporate veil as they are engaged in operating restaurants through the serial establishment of companies, liquidating them and changing the names of the restaurants to avoid debts. The […]

A company was required to place a guarantee as part of a lawsuit it filed, even though it owns assets worth dozens of times more than the amount of the guarantee. The Court accepted the motion to deposit a guarantee due to company’s failure to meet the threshold required to establish financial stability. When a […]

A party to a joint venture sought funds owed to it by virtue of the original agreements between the parties, despite the fact that the parties signed a separation agreement that regulated the end of their business relationships and conducted a final accounting. This was on the grounds that the reason for receiving those funds […]

An employee demanded from his employer rights arising from his work for it, despite a partnership agreement signed between the parties before starting his work. The Labor Court accepted the employee’s contention because in practice the employee was not a partner in the partnership that managed the business in which he was employed. The existence […]