The New Class Actions Law
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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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.
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.
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.
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.
Senior Partners:
Rachel Levitan, LL.M.
Peggy Sharon, LLB.
Partners:
Joint Venture Partners:
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Irit Shapira - Weber, LL.B.
Sharon Shefer, LL.M.
Dror Zamir, LL.B.
Moshe Abady, LL.M.
Yael Navon, LL.M.
Senior Associate Lawyers:
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Keren Marco, LL.B.
Ronit Warshai, LL.M.
Dana Shotland - Siag, LL.B.
Deror Lin, LL.M.
Revital Friedman, LL.B.
Omer Chapnik, LL.B.
Idit Bassat, LL.M.
Oded Cederboim, LL.B.
Junior Associate Lawyers:
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Aviv Klepner, LL.B., B.A. Social Sciences
Sivan Hazan, LL.B.
Liat Ben-Lulu, LL.B.
Haim Hanya, LL.B.