2018 22.05

Article:  I signed a contract without an end date. How do I get out of it? / Omri Barkan, Adv.

An article on the validity of contracts without an end date, by Omri Barkan, Adv., an attorney at the law firm of Afik & Co., whose main practice areas are commercial law, corporate law and litigation. The article in English may be found at the link: http://www.afiklaw.com/articles/a257

Corporate, Antitrust and Securities Law Update

A company able to pay its debts in the short run may distribute dividends with approval of the long-term creditors.  Read more at: http://www.afiklaw.com/updates/7513

A derivative claim for the benefit of a shareholder and not for the company will not be approved.   Read more at: http://www.afiklaw.com/updates/7497

A general manager is to report to the board of directors any material unusual issue.  Read more at: http://www.afiklaw.com/updates/7499

Commercial, Intellectual Property, Immigration and Labor Law Updates

Payment for non-compete that enables continue of employment will be classified for tax as income  Read more at:  http://www.afiklaw.com/updates/7501

A non-Jew who was adopted by a Jew and who maintains a meaningful relationship with him may be entitled to Israeli citizenship.   Read more at: http://www.afiklaw.com/updates/7505

Real Estate Law Updates

A historic real estate transaction may be recognized even in lack of a writing.  Read more at: http://www.afiklaw.com/updates/7508

Maritime Law Updates

In an in rem claim to execute a maritime lien regarding a ship, the actual litigant is the ship's owner.  Read more at: http://www.afiklaw.com/updates/7510