2020 03.06

1. When tendering morality and insanity / Doron Afik, Esq, Shelly Wilner, Adv.

An article on the right of the tender committee, or perhaps the obligation of the tender committee, to take into account past bad experience that it has with a tender bidder or a bidder manager, with whom bad experience exists from the time such was a manager in another company. For example, the Port of Haifa reveals that the person who won the tender to operate a service in the Port cheated the Port and gave it false information. After several years, when the Port issues a new tender, is it not required to disqualify the participation of a company which living spirit behind it is the same manager who cheated the Port?  The article was written by Doron Afik, Esq. and Shelly Wilner, Adv. of the Afik & Co law firm. The article in English may be found at the link: https://www.afiklaw.com/articles/a310

2. Media Publications Regarding Afik & Co. Activity

Calcalist: Founder of Cyber startup Bio-Nexus is setting up a new investment fund. The publication in English may be found at the link: http://www.afiklaw.com/press/p310

3. Corporate, Antitrust and Securities Law Update

Dilution of minority shareholders by issuance of shares will not necessarily be deemed oppressive. Read more at: http://www.afiklaw.com/updates/10735

Non- payment of city taxes by a company personally obligate its controlling shareholder. Read more at:  http://www.afiklaw.com/updates/10737

4. Commercial Law Updates

When a vessel sinks in the Israeli territorial water a non-Israeli may also receive data from the Israeli authorities. Read more at: http://www.afiklaw.com/updates/10739

The attachment of a bank’s guarantee to a tender offer amounts to a flaw justifying its disqualification. Read more at: http://www.afiklaw.com/updates/10741

Review of whether an employee position is a trust position not encompassing payment for overtime is pursuant to the circumstances and not the name given to the job. Read more at: http://www.afiklaw.com/updates/10743

5. Real Estate Law Updates

A lessor may exercise a bank guarantee during the Coronavirus crisis despite lessee's claims for lack of a right to receive rent. Read more at: http://www.afiklaw.com/updates/10745