2018 01.01

An article on changes that occurred following the amendment of the Law of Regulation of Non-Banking Loans that changes its name to “Fair Credit Law”, by Tal Schiller, an intern at the law office of Afik & Co., Attorneys and Notary, whose main practice areas are corporate law, commercial law and commercial litigation. The article in English may be found at the link: http://www.afiklaw.com/articles/a246

Corporate, Antitrust and Securities Law Update

A liquidator wage shall not be higher than that prescribed in the regulations, except in exceptional cases.  For more reading: http://www.afiklaw.com/updates/5460/

An international company marketing in Israel may be sued in Israel even if there is a foreign jurisdiction clause. For more reading: http://www.afiklaw.com/updates/5462/

Commercial, Intellectual Property and Labor Law Updates

Legislative Updates: Minimum wage increased to ILS 5,300 as of December 2017. 

For more reading: http://www.afiklaw.com/updates/5471/

A precondition for restricting an employee's occupation is proof of receipt of adequate compensation for the non-competition obligation.  For more reading: http://www.afiklaw.com/updates/5464/

An agreement defining relations between parties will prevail over a later agreement dealing with a specific matter. For more reading: http://www.afiklaw.com/updates/5466/

Lessor of a property which construction is unfinished need truly report the lessee the forecast of completion of construction.  For more reading: http://www.afiklaw.com/updates/5469/