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. celebrates Israel’s 68th independence day and 65 years of the Israeli national monkey, as created by author Tamar Burnstein-Lazar
1. An Article by Yair Aloni, Adv. on the issue of right of purchaser of a newly built apartment to compensation for belated tender of the apartment
2. Corporate, Antitrust and Securities Law Updates
An employee that appears to be authorized to obligate a company will obligate it even if not authorized. Business judgment rule of the Board of Directors applies also on a decision to file an action A company manager will be liable for copyright infringement of employees if did not create procedures to prevent it
3. Commercial, Intellectual Property and Labor Law Updates
Compensation for cancellation of a work order requires proof of damage or expenses An employee who was integrate at the business of the employee may still be deemed an external contractor if other terms are met
A financial distress of the seller is not sufficient grounds for cancelling a contract due to unconscionability
4. Real Estate Updates
Misrepresentation made by mistake and without intent to defraud will still empower the counterparty to terminate the agreement