Even when there is an agreement for distribution of dividends, distribution depends on the ability of the Company to meet its obligations

A couple invested in a startup for distributing online courses.  The project developers presented them with a representation that the technological system was almost completely ready, of high quality, and that significant resources had been invested in it.  The agreement between the parties stated that the system is purchased in its current condition (“AS IS”).  […]

In a marriage contract entered into between a Muslim couple it was stated that only Sharia law would apply to their marriage, and not the Israeli Property Relations Law.  The marriage contract was signed by both spouses, but the implication of applying Sharia law instead of the Property Relations Law was not explained to them […]

Rights holders held the land by virtue of a judgment and a division map.  A decade after the judgment, a mediation process took place regarding a family dispute between other partners in the plot, without involving the two original rights holders.  The mediation agreement was granted the status of a judgment, but it contradicted the […]

An association deposited significant amounts of cash collected as donations into its bank account, without identifying their source.  Consequently, and against the backdrop of various media reports raising suspicions of its involvement in terror financing, the bank decided to completely block its account activity. The Court held that the bank must refrain from closing the […]