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/