2017 29.05

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 birth date of Victoria (24 May, 1819 – 22 January, 1901), queen of the United Kingdom of Great Britain and Ireland from 20 June 1837 until her death.

Article: Disclosure duties upon sale of used vehicles‎ ‎

An article on the disclosure obligation applicable to merchants selling used vehicles by Omri Barkan‎, Adv. of Afik & Co.

Corporate, Antitrust and Securities Law Update

A control holder of a public company may not personally remunerate office holders

‎‎‎‎‎‎‎‎‎‎A liquidator of a company does not have the right to receive reports filed with the Antitrust ‎Authority

Commercial, Intellectual Property and Labor Law Updates

The default is that a director who serve only as a director in the company will not ‎be treated as a employee of the company

In order to receive compensation due to infringement of a trademark damage need be proven

Immigration & Tender Law Updates

‎‎A Foreign employee may not change his occupation without changing the permit ‎while the permit is ‎still valid

‎‎Lack of good faith of a tender participant may cause the disqualification even after ‎such participant ‎was declared the winner of the tender‎

Real Estate Updates

A lessor ‎ is not entitled to compensation from the lessee for demolition of an illegally built pergola ‎

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