2017 10.12

Afik & Co. wishes to its costumers and all of Israel Happy Hanukah

Article: Maritime Lien and Ship Arrest in Israel for Maritime Bunkering Debts /Doron Afik, Esq.

An article on the Israeli Maritime and Admiralty law and use of maritime lien and ship arrest for collecting debts for marine bunkering, by Doron Afik, Esq., a managing partner of Afik & Co. The article in English may be found at the link:http://www.afiklaw.com/articles/a245

Article: Valuation of ordinary shares and preferred shares by using OPM method

(Option Pricing Method) / Niv Savion B.Sc. MBA

An article on methods for evaluation of value of shares, by Niv Savion, an economic consultant specializes in valuations, economic opinions, business plans, PPA, impairment tests, projects feasibility studies and more.

The article in English may be found at the link: http://www.afiklaw.com/articles/ns245/

Corporate, Antitrust and Securities Law Update

The doctrine of piercing the corporate vale applies also to not-for-profit societies.  For more reading:http://www.afiklaw.com/updates/5179/

Representation as to chances of an investment will usually not be obligating as it is a representation as to the future.   For more reading: http://www.afiklaw.com/updates/5181/

Commercial, Intellectual Property and Labor Law Updates

Legislative Updates: Increase of maximal interest for loans

Legal update: Obligations of non-bank lenders to apply to banks and institutional lenders; Interest cap doubled and criminal liability. For more reading:  http://www.afiklaw.com/updates/5183/

Monitory compensation to an employee for non-issuance of options will be taxes as work income if there was no right to receive options.  For more reading: http://www.afiklaw.com/updates/5185/

An employee who showed that an employee took its material may receive a search and seizure order that is not limited to certain key words.  For more reading: http://www.afiklaw.com/updates/5187/

Real Estate Law Updates

Lessor may demand eviction if lessee expressed its intention not to vacate upon expiration of the lease.For more reading: http://www.afiklaw.com/updates/5189/    

Administrative Law Updates

A public body is obligated to equality when purchasing services even if it is not subject to a duty of public tender.  For more reading: http://www.afiklaw.com/updates/5191/