2019 20.11

1. Article: December 2019 New ASX Listing Rules Amendments/ Paul Yoel Stephenson, (Au) Adv.

An article on the new listing rules of the Australian Stock Exchange, as recently published. The article was written by advocate (Australia only) Paul Yoel Stephenson of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a296

2. Corporate, Antitrust and Securities Law Update

When it comes to a closely-held company separation can be ordered even without deprivation. Read more at:  http://www.afiklaw.com/updates/9837

In a closely held company it is more likely that the corporate veil will be pierced in case of employees’ rights. Read more at: http://www.afiklaw.com/updates/9839

3. Commercial Law Updates

An exclusive distribution agreement may be unilaterally terminated by a due prior notice without describing the grounds for the termination. Read more at:  http://www.afiklaw.com/updates/9841

A claim of termination due to whistleblowing may only be raised within the 12 months following termination. Read more at:  http://www.afiklaw.com/updates/9843

4. Real Estate Law Updates

An agreement of an apartment purchaser who refuses to sign a “handover form” shall not be terminated if full consideration was paid. Read more at: http://www.afiklaw.com/updates/9845

5. Parentage, Surrogacy and Adoption Updates

A parental order will be given retroactively to the time of birth even if due to a technicality the motion was filed only later.