2020 04.11

1. ASX, OMX, SGX and Mrs.  Cohen from Singapore ...  /Doron Afik, Esq.

An article on the issue of IPOing and Israeli company on a foreign market (e.g.  in Australia, Singapore or Nasdaq Nordic) and whether to list the Israeli company or a special purpose vehicle (SPV).  The article also touches the issue of international jurisdiction on corporate issue when one issues an Israeli company on a foreign exchange.  The article was written by Doron Afik, Esq.  of the law office of Afik & Co., Attorneys and Notary.  The article in English may be found at the link: https://www.afiklaw.com/articles/a321

2. Corporate, Antitrust and Securities Law Update

A liquidator has the right to receive documents from the bank even if the company did not have such right.  Read more at: http://www.afiklaw.com/updates/11453

Circumventing labor laws and even issuing fictitious pay slips are not by themselves grounds for piercing the corporate veil.  Read more at: http://www.afiklaw.com/updates/11455

3. Commercial Law Updates

An employee may provide service to customers who contacted him after termination of employment.  Read more at: http://www.afiklaw.com/updates/11457

The existence of an Israeli trademark does not prohibit parallel import of the product.  Read more at: http://www.afiklaw.com/updates/11459

Cancellation of a tender after the stage of opening the bids and selecting a winner will be approved only in an exceptional circumstances.  Read more at: http://www.afiklaw.com/updates/11461

4. Real Estate Law Updates

The enhanced data disclosure duty of a franchisor may not arise when the franchisee checked the property aforehand.  Read more at: http://www.afiklaw.com/updates/11463