The courts will refrain from enforcing the stipulation of foreign jurisdiction only under special circumstances

Foreign corporations were sued for damage caused to Israeli consumers due to a restrictive arrangement to which they were parties.  Within this framework, they coordinated prices, quantities and bids in the manufacturing of a component integrated into hard drives. The Court held that the Israeli Court is the proper forum to adjudicate the lawsuit.  To […]

An Israeli lawyer, sued by an Israeli investor who had entered into a real estate investment agreement abroad through the lawyer via a foreign partnership, requested to dismiss the investor’s claim in limine, arguing that Israel is not the proper forum to hear the dispute. The Supreme and District Courts dismissed the motion due to […]

The Ministry of Transport refused to renew the direct import licenses of a motorcycle importer for both Yamaha and Kawasaki brands, ruling that the license could only be renewed for one of them. The Supreme Court dismissed the importer’s appeal on competition grounds.  The Israeli Law for the Licensing of Services and Professions in the […]

As part of a merger transaction in which shareholders in the target company sold their shares to the acquiring company, an Israeli company wholly held by an Australian ASX traded company, the acquiring company undertook to provide a loan for the benefit of the target company.  While the share purchase agreements were made only with […]