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

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 […]

A son was joined as a partner tohis parent’s bank account. And after their demise contended ownership of the funds in the account. The Court held that adding the son to the account was done solely for convenience and without the intention of granting him the funds as a gift.  The Israeli Gift Law and […]

A store chain owner suspected that one of the franchisees secretly became a shareholder in a competing store chain using his brother as a “straw man”.  Following these suspicions, the chain terminated the franchise agreements for two branches and for the third branch demanded to activate a “forced separation” mechanism due to “breach of trust.” […]

A middleman entered into an agreement with parties to an acquisition transaction, under which it was intended to receive brokerage fees.  After the deal fell through, some of the involved parties established a new company that ultimately executed the deal and made the acquisition, without paying the brokerage fees. The Court held that the middleman […]