2016 06.01

Afik and Co. commemorates the birth date of French heroine Jeanne d'Arc (6 January, 1412 - 30 May, 1431)

An Article by Yair Aloni, Adv. on the issue of contradicting real estate transactions - who owns the property if the seller resold it.

An article by Doron Afik, Esq. and Ohad Gavish, Adv. on Tama 38 real estate transactions, as published in the Jerusalem Post.

Corporate, Antitrust and Securities Law Updates

Valuation of shares will not include an amount set in a share purchase agreement that exceeds the objective value of the shares

Refusal to pay the minority shareholder for work nullifies a contention of oppression of the majority by the minority

Commercial, Intellectual Property and Labor Law Updates

A manager of a company tendering a company check which will not be honored is personally liable even if not a signatory on such check

A middleman for a sale of company may not be entitled to commission if negotiations ceased and later commenced ab initio

Employee must complain about a tangible deterioration in employment conditions in order to prove entitlement to severance pay

Immigration Law Updates

Common Law marriage may entitle to Israeli residency and not just formal marriage

Real Estate Updates

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