2020 22.04

1. The Covid19 crisis prevented use of leased assets-am I exempted from rent?/Yair Aloni, Adv.

An article on the ability of a lessee of an asset not to pay rent in times where unforeseen objective circumstances prevent the use of the asset for the purpose for which it was leased, against the right of the lessor to terminate the lease agreement in case the lessee exercises such right.  The article was written by attorney Yair Aloni of the Afik & Co law firm. The article in English may be found at the link: https://www.afiklaw.com/articles/a307

2. Corporate, Antitrust and Securities Law Update

Approving an Investment in a company under a valuation lower than its real value may constitute oppression of the minority. Read more at: http://www.afiklaw.com/updates/10323

An officer of a company who diverts company activities to another company in its ownership will be personally liable for company debts. Read more at:  http://www.afiklaw.com/updates/10325

3. Commercial Law Updates

A tender bidder cannot complete at a date after submission of the bid documents that are required to meet tender threshold conditions. Read more at:  http://www.afiklaw.com/updates/10327

One may not terminate without government approval an employee during fertility treatments even if the employee is not missing work days due to it. Read more at:  http://www.afiklaw.com/updates/10329

Granting a gift after one's demise may be done only by drafting a will. Read more at: http://www.afiklaw.com/updates/10331

4. Real Estate Law Updates

A purchaser of apartment that does not sign documents despite contractual requirement to do so materially breaches the agreement. Read more at: http://www.afiklaw.com/updates/10333