2020 29.07

1. Lien on me…/ Adi Marcus, Adv.

An article on the right of contractors lien and the ability to exersize it by construction contractors. In the event that the relationship between a landowner and a contractor turn sour, does the contractor have a lien on the property and may refuse to return it to the owners? The article was written by Adi Marcus, Adv., a senior lawyer 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/a314

2. Corporate, Antitrust and Securities Law Update

Funds withdrawn from a company by a shareholder and not repaid may be deemed taxable dividend income. Read more at: http://www.afiklaw.com/updates/11066

In the absence of any other consent, a commitment to raise funds for the company is a commitment of 'best effort' and not a commitment to a result. Read more at  http://www.afiklaw.com/updates/11068

A claim against an officer of a company will be barred if it does not include specific details of the grounds for a personal liability. Read more at: http://www.afiklaw.com/updates/11070

3. Commercial Law Updates

A party to negotiation must disclose to the counterparty material information even if the counterparty represented to have made the required research. Read more at: http://www.afiklaw.com/updates/11072

Things exchanged during legal proceeding are not deemed defamation even if said regarding a person who is not a party to the proceedings. Read more at: http://www.afiklaw.com/updates/11074

4. Real Estate Law Updates

In the absence of agreement regarding the dissolution of tenancy in common it will be dissolved by selling the asset and dividing the profits. Read more at: http://www.afiklaw.com/updates/11076