2021 08.04

1. Hast thou killed, and also taken possession?  If you are an officer and the company suffered no loss – all's well /Shelly Wilner, Adv.

An article on the prudent and trustworthy duties of directors and officers of a company in Israel and the flawed mechanism in Israeli law that creates an incentive for directors to violate their duties. The article was written by Shelly Wilner, Adv. of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a332

2. Corporate, Antitrust and Securities Law Update

When a company manager uses his private Gmail account to manage a company he exposes it for review. Read more at: http://www.afiklaw.com/updates/12226

A director who signs a false affidavit of solvency upon voluntary liquidation is personally liable to creditors damaged by it. Read more at: http://www.afiklaw.com/updates/12228

3. Commercial Law Updates

A distributor does not acquire rights in a trademark merely by investment in the brand or creation of brand reputation in the territory. Read more at: http://www.afiklaw.com/updates/12230

A volunteer may receive compensation for her work, but employing an employee under the guise of a volunteer is illegal. Read more at: http://www.afiklaw.com/updates/12232

When addressing a commercial agreement executed between two “returning players” its wording will trump. Read more at: http://www.afiklaw.com/updates/12234

4. Real Estate Law Updates

A purchaser who did not complete a purchase transaction but has possession of the apartment may be liable to pay appropriate usage fees.  Read more at: http://www.afiklaw.com/updates/122336