Published in Afik News 098 28.03.2012
Related articles
A global corporation with activity in Israel is expected in the event of a dispute to litigate in Israel even if a jurisdiction and foreign law clause exists
High-Tech and Technology
International Transactions and Disputes and Israeli “Soft Landing”
Dispute Resolution
Israeli customers filed in Israel a motion for a class action against the LinkedIn company, contending that it automatically renews paid subscriptions in violation of the Israeli Consumer Protection Law, despite the fact that under the LinkedIn terms of use in the event of a dispute, laws of the state of California, U.S.A, shall exclusively […]
A chain who is aware of an issue to retrieve a business license for a complex is obligated to notify about this the franchisee in advance
Commercial, Banking and Financial
Dispute Resolution
A franchisee paid a franchise fee to operate a coffee shop branch in premises provided to him by the chain. The franchisee was forced to close the business after being convicted of operating a business without a license. It was discovered that obtaining a business license for the premises was impossible due to planning restrictions, […]
When shares have not been allocated, the damage caused is the value of the shares at the time of the non-allocation, even if the company subsequently collapsed
Business, Corporate and Joint Ventures
Commercial, Banking and Financial
Dispute Resolution
Restaurant owners quarreled with the restaurant’s chef, and as a result, shares promised to him under a share allocation agreement in the company managing the activity were not allocated. The company collapsed, so the chef demanded the salary he would have received for his work if he had agreed to accept shares instead of salary. […]
A unique foreign jurisdiction clause must be clear and unambiguous in a language that would otherwise be invalid
Commercial, Banking and Financial
International Transactions and Disputes and Israeli “Soft Landing”
Dispute Resolution
A non-Israeli manufacturer and an Israeli entity entered into a contractgranting the Israeli entity the right to sell the manufacturer’s products in Israel with a contract clause setting that all legal proceedings will be in the United Kingdom. After the manufacturer terminated the agreement, the Israeli party filed a suit in Tel Aviv. The Court […]