2017 31.01

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 crash of Space Shuttle Colombia and demise of Israeli astronaut Ilan Ramon (June 20, 1954 – February 1, 2003

Article: The friend with whom I planned to establish a start-up did it by himself. Can he? ‎‎ ‎

An article by Omri Barkan‎, Adv. on protection of an idea according to the Copyright Act.‎   

Corporate, Antitrust and Securities Law Updates

A company cannot sue a shareholder without due procedures to approve filing the ‎claim

Ignoring the client’s financial ability of a customer may be deemed breach of the ‎duty of care and ‎fiduciary duty of directors of the corporation.

Commercial, Intellectual Property and Labor Law Updates

An agreement executed following a tender will be construed pursuant to tender ‎publisher's intent

Termination of negotiations after all the conditions were agreed for maximize ‎profits is a lack of good faith

The Authority of Consumer Protection is empowered to impose substantial financial sanctions in case of non-marking of product prices

Real Estate Updates

A joint tenancy agreement in real estate does not require a written document

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