2016 25.10

The Bi-Weekly Professional Magazine of Afik & Co, Attorneys and Notary

103 Hahashmonaim St., POB 20144, Tel Aviv 6120101, Israel,  Telephone: +972-3-609.3.609

Afik & Co. marks the signing of Treaty of Peace Between the State of Israel and the Hashemite Kingdom of Jordan (26 October, 1994)

Article: Protection of a well-known trademark that was not registered in Israel

An article by Yair Aloni, Adv. on the scope of protection to marks which are known globally but are registered in Israel‎.

Afik & Co. 2016 award winner of Corporate LiveWire magazine by Fenice Media Ltd.

On 17th October, 2016, Corporate LiveWire’s 2016 Legal Awards’ Winners Guide was published in which Afik & Co. was chosen by the Corporate LiveWire magazine (http://www.corporatelivewire.com) for Excellence in Mergers & Acquisitions in Israel

Corporate, Antitrust and Securities Law Updates

An employee registered as holder of the shares in escrow for the employer will be entitled to rights of an employee despite being registered as a shareholder

One may incorporate a special purpose vehicle for a transaction and liquidate it if the transaction falls through

Commercial, Intellectual Property and Labor Law Updates

Enforcement of a non-competition clause will be made only where it was shown that the employer has ‎a legitimate interest

Well-known trade mark will not be protected if it is not recognized and ‎identified by consumers in Israel

Even if a person is not a proxy of a foreign company he may still be legally served for the company

Tenders Law Updates

Cancellation of a tender after opening the bids shall be made only in extreme and exceptional cases 

Real Estate Updates

A lessee has no duty to disclose on lessee’s own initiative past criminal records

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