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The New Class Actions Law
Recently two Court rulings were handed down, in which the courts referred to several aspects of a derivative claim: Only in rare circumstances will a derivative claim be dismissed in limine; a Derivative Claim Cannot be Filed by a Former Shareholder.
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In two Court rulings handed down recently, the Court imposed personal liability on the D&Os towards employees of the company.
Recently the District Court of Tel Aviv adopted a narrow interpretation to Regulation 482 in order to prevent potential plaintiffs from taking advantage of the willingness of foreign companies to resolve disputes between the parties in order to subject them to the jurisdiction of the Israeli Court system.
In two recent judgement handed down by the District Court of Tel Aviv the court discussed the implication of placing criminal liability on directors and officers and reached contradicting conclusions.
On 24 April 2009 the Haifa District Court handed down its decision in an insurance claim filed by Sky Club Ltd - C.F.270-00. In its decision, the District Court ruled that an insurer which failed to pay insurance benefits on time may be obliged to compensate the insured for the damage it suffered as a result of the delay.
The service of suit to a salesman visiting Israel
does not create jurisdiction over the foreign company
By Sharon Shefer, Adv. and Yael Navon, Adv.
On 24 March 2009 the District Court of Tel Aviv adopted a narrow interpretation to Regulation 482 in order to prevent potential plaintiffs from taking advantage of the willingness of foreign companies to resolve disputes between the parties in order to subject them to the jurisdiction of the Israeli Court system.
By Adv. Rachel Levitan and Adv. Dror Zamir
Israeli Courts have dealt with the issue of “Conflict of Laws” in numerous cases, mainly due to the geographic proximity between the State of Israel and the West Bank, and the interdependency of Palestinian and Israeli markets. Until the year 2000 tens of thousands of Palestinians were employed in the West Bank (where Jordanian law applies) by Israeli Companies, and in Israel (where the Israeli law applies). Hence, the Court has often been called upon to decide which law is properly applicable to the accident, and accordingly, what reliefs are available to the parties.
This article will review the Israeli approach to various issues of law and jurisdiction in claims involving foreign elements, and the way the Israeli Courts deal with multi jurisdictional cases.
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