2020 26.02

1.On Bears, Loans and Employment / Yogev Yakovovich, Adv.

An article on an employer's ability to offset an employee's debts from the salary and specifically whether an employer may set off from an employee's payroll debt due to a loan given to the employee or an advance payment on future salaries. The article was written by attorney Yogev Yakovovich of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a303

2.Corporate, Antitrust and Securities Law Update

Even when a corporation negotiates unfairly or with misrepresentations rarely will a manager be personally liable. Read more at:  http://www.afiklaw.com/updates/10143

Failure to make pension contributions to an employee may result in personal liability of shareholders for debts to the employee. Read more at: http://www.afiklaw.com/updates/10145

3.Commercial Law Updates

A holder of an asset of a debtor who receives a foreclosure order on such asset and act to circumvent it may be personally liable for the debt of the debtor. Read more at:  http://www.afiklaw.com/updates/10147

Employer Identity is reviewed under a set of material tests and not according to an agreement. Read more at:  http://www.afiklaw.com/updates/10149

A bank may refuse to open a bank account at a particular branch and refer the customer to a branch in a remote city‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏‏. Read more at:  http://www.afiklaw.com/updates/10151

4.Real Estate Law Updates

When the tender committee discovers, in retrospect, new information that ought to have disqualified a bid, it is required to reconsider the declaration of the winner. Read more at: http://www.afiklaw.com/updates/10153