While crossing the Suez Canal, a Chinese ship drifted until it sank and “settled” on the bottom of the canal. Attempts to repair the engine on site failed until at the end of the day, with the help of several tugboats, the…

A business employs foreign employees through a manpower placement agency that specializes in bringing foreign employees to Israel, whereby the placement agency not only provided the employee but also handled all issues related to the employee’s employment, including the employee signing an…

A party to an arbitration agreement moved the Court for interim relief, despite the fact that no arbitration proceedings actually took place. The Supreme Court held that temporary relief may be granted even in the absence of an actual arbitration proceeding. Israeli…

The word Abogado (pronounced similarly to ‘avocado’ in Hebrew) is the Spanish word for a lawyer.  The fruit of the avocado tree in Spanish is actually called ‘Aguacate’.  A law firm in Spanish is a ‘bufete de abogados’, but if you ask…

In a transaction for the purchase of shares, it was agreed that the guarantees provided by the seller for the repayment of loans from various banks would be transferred to the names of the purchasers. The purchasers divided the guarantees between them,…

Investors entered into an agreement with a crypto entrepreneur for the purpose of establishing a solar farm for crypto mining in the USA and issuing a digital currency through a Gibraltarian company. After the entrepreneur emptied the company of its assets, the…

Two companies negotiated the lease of a property and signed a memorandum of understanding. After the negotiations were not perfected into a detailed agreement, the tenant contended that the memorandum of understanding constitutes a binding agreement for all intents and purposes. The…

A person admitted the existence of a debt in a phone call that was recorded. Following this admission, a lawsuit was filed even though the statute of limitations had lapsed. The Supreme Court found that the phone call is not sufficient to…