Insurance and Reinsurance:
Directors & Officers, Jewellers' Block, Professional Liability, Credit Insurance, Regulatory Work, Subrogation
Foreign Jurisdiction Disputes
Aviation
Product Liability
Class Actions
Intellectual Property :
Trademark, Copyright & Entertainment
Franchise & Distribution
Due Diligence
A leading law firm specialising in Insurance and Reinsurance Law in Israel including Financial Institutions coverage, Directors and Officers Liability, Credit Insurance, Factoring, Debt Collection, Jewellers' Block, Professional Liability, Product Liability, Aviation, Foreign Jurisdiction Disputes and complex international litigation. Specialized departments: Regulatory work and advisory services to the Commissioner of Insurance in Israel; Intellectual Property, Franchise & Distribution; and Real estate.
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.
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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.
In two Court rulings handed down recently, the Court imposed personal liability on the D&Os towards employees of the company.
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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.
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.
Product Liability What is "Tangible Property"?
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