Option Value is Part of Cost + Basis
In Finisar Israel Ltd. v Tax Assessor Rehovot, the Tel Aviv District Court discussed whether a subsidiary company which provided services to its foreign parent company on a Cost+ basis (Cost+ is a method in which the service provider is reimbursed for all its expenses, plus an additional percentage of profit), is obligated to consider the value of […]
License to Publish a Book does not include E-Book
In Ofra Damiel v Shlomo Aluf the Tel Aviv District Court discussed whether the publisher who acquired printing rights for a book is entitled to publish an e-book as well. The court rejected the argument that “a book is a book is a book”, and stated that a contract should be interpreted using purposive interpretation, according to […]
Unrestricted Right to Exercise Right of First Refusal
In Dorlam Investments & Holdings (1999) LTD v Delek Real Estate LTD the Tel Aviv District Court discussed a shareholder exercising his right of first refusal (the “ROFR“) to purchase shares from a fellow shareholder while previously committing to sell those shares to an outside party. The court analyzed the essence of the ROFR, and stated that […]
Receivers Entitled to All of Shareholders’ Information Rights
In Slonim et al v. Amcor Ltd., the District Court in Tel Aviv –Yaffo held that receivers appointed by a court of law over a debtor’s assets, which include shares, are entitled to the same rights as a shareholder. The appellants are two receivers separately appointed by two different courts over the assets of the same […]