Dividend distribution will only be possible when the company has repayment ability

People who entered into transactions with a company contended that a director was liable to them for failed transactions – once by virtue of her position as a director, and once personally for her actions. The Court rejected the claim. Israeli law stipulates that a company is liable for an action performed by its organ. […]

A bankrupt person filed a class-claim against the Afik & Co. law firm, as well as against many other businesses, alleging non-compliance with the website’s accessibility requirement, when he did not make any prior approach and when it was a duplicate lawsuit and when certain businesses had already compromised with him and paid him money […]

Shortly before her wedding, the to be bride was killed in a car accident. The insurer refused to compensate the spouse. The Supreme Court accepted the insurer’s contention and held that the spouse is not entitled to a common-law spouse status. A condition for the recognition of common-law marriage is the couple’s intention to apply […]

A college and a private person established a joint venture in which a pest control course was offered at the college. The college financed the course and also undertook to bear the losses, while the person built the course structure. The person contended that he did not receive the profits he was entitled to from […]