2021 03.11

1- The Prince - 2021 /Adi Marcus, Adv.

An article dealing with The Representative Problem in companies, the need for corporate governance and to avoid personal responsibility and not allow non-senior executives in the company to negotiate on its behalf or negotiate without the assistance of a lawyer, especially when it comes to a public company.  The article was written by Adv. Adi Marcus of Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a347

2- Corporate, Antitrust and Securities Law Update

A shareholder who embezzled can be removed from the company and this does not constitute minority oppression. Read more at: http://www.afiklaw.com/updates/12943

A company may be entitled to receive criminal investigation materials against its manager in order to open proceedings against the manager. Read more at: http://www.afiklaw.com/updates/12945

3- Commercial Law Updates

Use of a work of art may be deemed a copyright infringement even if the result of the use if distributed for free. Read more at: http://www.afiklaw.com/updates/12947

Although an illegal agreement is not enforceable the party who initiated the illegality cannot take advantage of it so as not to pay. Read more at: http://www.afiklaw.com/updates/12949

A contractual labor dispute jurisdiction clause will usually be honored. Read more at: http://www.afiklaw.com/updates/12952

4- Real Estate Law Updates

Obtaining a building permit to make a change in the common areas does not enable the change absent consent of the tenants. Read more at: http://www.afiklaw.com/updates/12954