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Latest Updates /  Commercial Law

October 26, 2023

War and Force Majeure – Implications for Contract Performance

Since a combat situation in Israel is not deemed force majeure, the legislature and the regulatory authorities recommend that parties to contracts hold dialogues on the contract terms in good faith, to the extent the state of emergency does not enable all contract clauses to be performed. Concurrently, the Knesset enacted the Postponement of Deadlines Law, which allows those entitled to postpone performance of contracts under particular circumstances.

June 5, 2018

Justice Ministry Seeks to Empower Registrar to Strike Companies from Companies Register

The Ministry of Justice recently published a new memorandum regarding an amendment to the Companies Law. This amendment seeks to authorize the Registrar of Companies to administratively strike off a company from the Companies Register.

November 1, 2017

Hosting a Seminar on Marketing and Distribution Agreements

Barnea is hosting together with TITANBrandWise a seminar today on marketing and distribution agreements. Adv. Ilan Blumenfeld of the Commercial Department will discuss the important aspects of such agreements and how to make them work for you.

February 27, 2017

Class action against Directors

The Tel Aviv District Court approved an action as a class action filed by the minority shareholders of Delek Energy Systems Ltd. against its controlling shareholder and officers of the company.