1. Lasting Power of Attorney – Not Just for the Third Age but also for Young Start-Up Entrepreneurs / Yair Aloni, Adv.
An article on lasting power of attorney and the importance of its creation even when it comes to a relatively young startup entrepreneur and not just upon reaching the third age, as well as the importance of drafting this document by a law firm specializing in companies and startups. The article was written by attorney Yair Aloni of the Afik & Co. The article in English may be found at the link: https://www.afiklaw.com/articles/a301
2. Corporate, Antitrust and Securities Law Update
Upon purchase of a public shell accumulated losses may be used only if there was a commercial base for the purchase. Read more at: http://www.afiklaw.com/updates/10074
A foreign company filing a claim in Israel will usually be required to deposit a security for the costs of the defendant. Read more at: http://www.afiklaw.com/updates/10076
3. Commercial Law Updates
A party affected by a breach of contract is not entitled to compensation for a loss that it could have prevented or reduced. Read more at: http://www.afiklaw.com/updates/10078
A bank may close an account of a client that was entered into the American “black list”. Read more at: http://www.afiklaw.com/updates/10080
An employee who did not return to work after receipt of prior notice of termination is not deemed as resigning. Read more at: http://www.afiklaw.com/updates/10083
4. Real Estate Law Updates
Restricting a commercial center from leasing to competing businesses is an invalid restrictive arrangement. Read more at: http://www.afiklaw.com/updates/10085