2021 05.05

1. May I offer you some SPAC ? /Tomer Horowitz, Adv.

An article on taking a company public by a merger with a SPAC - the relatively new fashion on stock exchanges. The article was written by Tomer Horowitz, Adv. of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a334

2. Corporate, Antitrust and Securities Law Update

Articles of Association can not limit or reduce the ability of shareholders to remove oppression of their rights in the company. Read more at: http://www.afiklaw.com/updates/12324

Officers of a company are not personally liable to investor absent fraud or personal representations. Read more at: http://www.afiklaw.com/updates/12326

A corporate veil may be pierced and a company's debt will be attribute to a controlling shareholder even if it is not registered at the Registrar of Companies. Read more at: http://www.afiklaw.com/updates/12328

3. Commercial Law Updates

Granting an asset after death may only be by a will or prenuptial agreement. Read more at: http://www.afiklaw.com/updates/12330

A settlement agreement executed due to a mistake will not be revoked if such revocation does not align with equity considerations. Read more at: http://www.afiklaw.com/updates/12332

4. Real Estate Law Updates

A real estate fund that raises capital from passive investors need publish a prospectus. Read more at: http://www.afiklaw.com/updates/12334