2016 03.03

Afik & Co. salutes the rhyming artist, American writer and illustrator, Theodor Seuss Geisel – Dr. Seuss (March 2, 1904 – September 24, 1991)

An Article by Yair Aloni, Adv. on the issue of registration in Israel of an International Trademarks under the Madrid Protocol

Corporate, Antitrust and Securities Law Updates

Non-distribution of dividends by a private company may be deemed oppression of the minority

To contend that a shareholder voting in a general meeting of a public company has a personal interest circumstantial evidence will not suffice

Commercial, Intellectual Property and Labor Law Updates

 A bank must give prior notice prior to cancelling credit or reducing it and enable the customer to get prepared

A distribution contract, agency or franchising is not enforceable and the only remedy for breach is Compensation

An external service suppliers using its own vehicle will not be deemed an employee

Real Estate Updates

TAMA 38 project may be approved despite objection of recalcitrant unit owners who are in minority

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