Legislative Updates: A Law for Increasing Tax Collection and Increasing Enforcement (Legislative Amendments), 2014

Through fraudulent means and by presenting forged vouchers, approximately ILS 48,000 was withdrawn from a customer account at the Postal Bank.  The Postal Bank refused to reimburse the funds, contending that they must await a police investigation, while simultaneously freezing the account-leaving the customers without their money and in prolonged uncertainty. The Court accepted the […]

Parties to a real estate dispute signed a settlement agreement whereby one party would purchase the rights of the other party, subject to the provision of ownership documents within six months.  The selling party concealed a material inheritance order in its possession, and subsequently contended that the agreement had expired due to the passage of […]

Israel Aerospace Industries (IAI) demanded that a client pay unpaid debts for helicopter parking and maintenance services.  The client contended, inter alia, that it suffered damage due to a delay in the certification of IAI’s technicians, claiming a breach of the agreement. The Court accepted the main claim, rejected the counterclaim and held that the […]

An agreement for the provision of furniture transport and assembly services existed between two companies, which either party was entitled to terminate with 60 days’ notice.  After several years, the transport company requested to replace the agreement with an engagement with a sister company but because the sister company required this in order to finance […]