2020 01.07

1. Need a lessor fix a leak in the neighbor's apartment? /Yair Aloni, Adv.

An article on the obligation of a lessor to fix damage that does not derive from a default in the apartment itself. The article was written by attorney Yair Alon, a partner at the law office of Afik & Co., Attorneys and Notary. The article in English may be found at the link: https://www.afiklaw.com/articles/a312

2. Corporate, Antitrust and Securities Law Update

A liquidation order given in Australia or in another jurisdiction for a company of such jurisdiction will be recognized in Israel. Read more at: http://www.afiklaw.com/updates/10841

Appointment by a shareholder of an incompetent director may prevent a contention of lack of data on the company. Read more at: http://www.afiklaw.com/updates/10843

A controlling shareholder is liable if sold shares under terms that put the company at risk of being “looted” of its assets. Read more at:  http://www.afiklaw.com/updates/10845

3. Commercial Law Updates

Funds received as a result of a tender won due to coordination between the tender participants will be forfeited by the State. Read more at:  http://www.afiklaw.com/updates/10847

A debtor knows about an assignment of debt but pays the assignor instead of paying the assignee will still be in debt to the assignee. Read more at:  http://www.afiklaw.com/updates/10849

4. Real Estate Law Updates

A realtor may charge brokerage fee from the lessee even if acted on behalf of the lessor. Read more at: http://www.afiklaw.com/updates/10851