2019 23.10

1. Article: How to avoid being left out of the startup that you established/ Hilla Rosenberg, Adv.

An article about the importance of drafting the constitutional documents of a start-up and the founders agreement with the assistance of an attorney with major experience in the filed, to avoid a situation where the founder finds himself outside of the company he created or subject to tax accidents, but at the same time prevent such documents from deterring investors. The article was written by Hilla Rosenberg, Adv. of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a294

2. Corporate, Antitrust and Securities Law Update

Signing a document on behalf of a corporation while deviating from permission will usually bind the corporation. Read more at:  http://www.afiklaw.com/updates/9764

Without an agreement otherwise later shareholders loan do not have priority over earlier ones. Read more at: http://www.afiklaw.com/updates/9766

3. Commercial Law Updates

Using distress of a party to an agreement in order to achieve an unfair advantage is grounds for rescission of the contract. Read more at:  http://www.afiklaw.com/updates/9768

When the language of an agreement is unclear one may use the preceding term sheet for interpretation. Read more at:  http://www.afiklaw.com/updates/9770

A travel agency is required to provide full written information on a vacation package it sells. Read more at:  http://www.afiklaw.com/updates/9772

4. Real Estate Law Updates

A purchaser of land that turns the blind eye and does not make checks before the transaction may lose its rights. Read more at: http://www.afiklaw.com/updates/9774