Posts by Doron Afik

Tax aspects of SAFE (Simple Agreement for Future Capital) investments

News
On January 29, 2025, the Tax Authority published clarifications regarding the taxation of investments made through a Simple Future Capital Agreement (SAFE); previous guidelines were published on May 16, 2023. A SAFE is a financial instrument commonly used by startups and investors…

An agreement made due to deception or oppression can be void even if approved by the court

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The husband sought to enforce a “home peace agreement or divorce” that was signed and approved by the court, but the wife claimed that the agreement was forced on her and that information about the extent of the assets was concealed from…

In an obligation to indemnify, the debtor must pay the full debt even if the debtor’s liability has been reduced

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Developers undertook to repay a debt of a company that had taken financing from the bank. A debt arrangement was signed between the bank and the company, under which it was determined that the bank must realize the collateral it has, that…

“Until insolvency separates us”

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A very common clause in ongoing commercial agreements (for example, distribution agreements or international marketing agreements) is that the agreement will be canceled in the event that one of the parties becomes insolvent – a very logical clause, because why should I,…

A decision to disqualify a bidder in a tender due to concerns about a conflict of interest without discussing alternatives to neutralize the concern will be overturned

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A tender committee disqualified a bidder due to concerns about a conflict of interest without considering possible alternatives to mitigate the apparent conflict. The Administrative Court accepted the bidder’s petition and ordered the cancellation of the tender committee’s decision, returning the matter…

Requiring a woman to dress modestly as a condition of providing service constitutes sexual harassment and prohibited discrimination

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A company that was engaged on behalf of the state in providing evacuation services to a hotel for coronavirus patients during the pandemic refused to evacuate a sick woman, claiming that her clothing was not modest enough. The court accepted the woman’s…

Legislation and Case Law Updates – A debt created as a result of an act of fraud against one of the spouses will not be excluded from the joint property

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A man fell into debt due to an act of fraud and as a result, he and his partner were required to sell their shared home. The court rejected the spouse’s position and ruled that the presumption of partnership applies to this…

In certain cases, shareholders who hold less than 5% of a public company may also review the

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Shareholders in a public company, whose holdings are less than 5%, requested to review the voting papers at the company’s general meeting, at which a management agreement with the company’s controlling shareholder was approved, after the Securities Authority claimed that it was…

Whose line is this anyway?

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Sometimes, it seems like the entire world revolves around online platforms and content creation, and many businesses are concerned with creating online content as a way to enhance and develop their business channels. But what if intellectual property rights are violated as…

In a situation where one of a married couple dies without a will, the other will inherit his share of the estate regardless of the nature of their relationship

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A married couple signed a separation document stating that they had no financial claims against each other, but despite this, they remained married and did not officially divorce. The husband died without leaving a will. The court accepted the woman’s request to…