2020 02.12

1. On restrictive arrangements and criminal liability of corporate officers/Shelly Wilner, Adv.

An article on the personal criminal liability of officers and field managers of a corporation to restrictive trade arrangement offences by the company and the manner in which such liability may be avoided. The article was written by Adv. Shelly Wilner, of Afik & Co.  The article in English may be found at the link: https://www.afiklaw.com/articles/a323

2. Media Publications Regarding Afik & Co. Activity

Publication in Globes newspaper, reporter Shiri Haviv-Waldhorn on off-exchange raising by the ASX traded Security Matras company, which is accompanied by the Afik & Co. office. The publication in English may be found at the link: http://www.afiklaw.com/press/p323

3. Corporate, Antitrust and Securities Law Update

Use in bad faith of a board member’s veto right may result in a denial of such right.  Read more at: http://www.afiklaw.com/updates/11602

An organ of a company that intentionally damages legal proceedings will be personally liable for compensation to the harmed party.  Read more at: http://www.afiklaw.com/updates/11604

4. Commercial Law Updates

When the agreement determines ownership of the rights in the event of termination it should be honored and remedies should be limited to financial compensation.  Read more at: http://www.afiklaw.com/updates/11606

Absent a legitimate interest employees’ freedom of occupation cannot be limited by a non-compete clauses. Read more at: http://www.afiklaw.com/updates/11608

Unlawful use of a business trademark may establish entitlement to business accounts.  Read more at: http://www.afiklaw.com/updates/11610

5. Real Estate Law Updates

A middleman is not entitled to a commission in a real estate transaction in lack of a brokerage agreement or a realtor license.  Read more at: http://www.afiklaw.com/updates/11612