The New Class Actions Law
Adv. Yael Navon, an expert in D&O insurance, became a partner.
Visit our new press section to learn about the firm's acclaims by the world's leading legal directories - Press here
Changes to Amutot Law came into force on 1st Jaunary 2007.
Contributory Negligence of the Assured - Will the Assured bear a Portion of the Loss due to his Fault?
Product Liability in Israel - An Overview
By Adv. Peggy Sharon, Senior Partner and Adv. Yossi Givoni, Partner
The Tel Aviv District Court accepted the position of Clal Insurance Co. (represented by our firm) that a product liability policy only covers physical damage caused to third party property and not financial damages allegedly sustained thereby. In addition, such damages were specifically excluded from coverage under the Recall Exclusion.
Since the sixties a major effort was undertaken to reform the existing civil legislation which, as mentioned, was mostly Mandatory and even Ottoman. A series of laws was enacted in the field of civil law, including the Contracts Law (General Provisions) - 1973, the Contract Law (remedies) - 1970. These laws were mainly based on the German Codex.
Dring the 1980's the Israeli legislator enacted a list of laws which were consumer oriented namely laws which were meant to protect the consumers. Among these laws are the Consumer Protection Law - 1981, Liability for Defective Products Law -1980, the Insurance Contract Law -1981 and others.
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