The Tel Aviv District Court – Economic Division ("Court") considered what circumstances warrant court interference in decisions of a company's board of directors.

The Supreme Court reviewed a distinction developed over the years in the lower instance District Court decisions.

The office holder defendants argued that these provisions preempted derivative shareholder claims from being initiated under Israeli law and from being heard in Israel.

The District Court of Lod determined the conditions for imposing liability on a controlling shareholder for knowingly selling control of a company to a prospective controlling shareholder...

The District Court of Lod accepted the position of the Israeli Tax Authority and reassessed the value of a transaction to sell all of the intellectual property of a company that was entered into after the sale...

The applicants maintained that this information should also have been disclosed to shareholders.

The Compensation and Royalties Committee confirmed the validity of agreements under which an employee waives its rights to royalties in connection with service inventions...

Israel's Antitrust Authority has issued a circular that sets forth procedures for due diligence investigations between competitors, due to the potential risk to competition created by the exchange...

A founder who was abandoned by his founder-partners with whom he founded a company filed a claim against his founder-partners for establishing a competing company.

As part of an appeal on a lower court's decision to approve a class action The Israeli Supreme Court ("Supreme Court") discussed the legal status of a pre-ruling issued by the Israel Securities Authority ("ISA") .

In a significant judgment, the Israeli Supreme Court has held that a modified form of Delaware's Business Judgment Rule, which limits judicial intervention in corporate management decisions, is now part of Israeli corporate law.

We are pleased to present another edition of our periodic newsletter. In this edition we provide a brief synopsis of recent developments in Israeli corporate law affecting both private and public companies ...

In this proceeding an Israeli subsidiary ("Subsidiary"), wholly owned by an US parent company ("Parent"), served as a research and development center for the Parent.

The Court held that it may be possible to transfer the management of the derivative suit from the derivative plaintiff to the company for matters related to negotiations and settlement of a derivative suit ...

The Supreme Court has ruled that an investment fund's articles rather than its investor marketing presentation or fact-sheet delineate management's authority regarding Fund investment strategies.

The case before the Court involved a founders agreement that provided that a specific founder was not required to make additional investments in the Company.

In coming to its decision, the Court discussed the two-fold test that must be passed prior to the approval of a distribution of dividends.

In this edition we provide a brief synopsis of a recent development in Israeli corporate law affecting both private and public companies, regarding the Business Judgement Rule.

FTC Rules On Information Security In Companies.

This ruling pertains to a number of appeals against the decision of the trustees of New Central Bus Station Company (the "NCBS"), a company in liquidation that owned assets in the building...