When a board of directors is divided equally and can not make decisions, the general assembly may take its powers

A controlling shareholder in a company was added as a party to an arbitration proceeding, even though he is not personally a party to the arbitration agreement, but rather the company. The Supreme Court held that there was no reason to add the controlling shareholder to the arbitration proceeding by virtue of piercing the corporate […]

A married couple built and managed apartments on land the wife had received as a gift from her father prior to the marriage with the land and apartments recorded on her name only, but the income from these apartments was deposited into a joint bank account. After 23 years the couple divorced and the husband […]

An American claimant and a company from the Marshall Islands sued in an Israeli Court and were required to deposit a guarantee for the defendant’s expenses, but after part of the guarantee was used to pay expenses, they did not complete it to the original amount. The court found that the claim should be struck […]

An employer announced that it intends to grant a bonus to employees for past achievements in two installments. The employer refused to grant the second half of the bonus to an employee who announced her resignation, because she would no longer be deemed an employee on the date of the second payment. The Court rejected […]