Corporate and Commercial Law

Are you getting an NDA in Israel? NDAs, or non-disclosure agreements, are legal documents that protect information people or companies wish to keep confidential. This article will go through various elements about an NDA, including alternative names for this document, what it is, why it’s important, and what is important to include in an NDA…

This article will address what you need to know about a joint venture agreement in Israel. The joint venture agreement, sometimes abbreviated with JVA, or referred to as a shareholders agreement, is a contract that is used when two businesses wish to collaborate on a project.   We will briefly outline the different parts of a…

What approval is needed? Shareholder approval is required when a company wishes to sell, lease, exchange or otherwise dispose of all or substantially all of the corporation’s assets in New York, other than in the usual course of business which is actually conducted by the corporation. What is the procedure? Board approval – The board…

What are Corporate Bonds? Corporate Bonds include secured and unsecured bonds, as well as debentures and notes. The company offers them at par value or otherwise for money or property, tangible or otherwise. They can also be issued for services which have actually been rendered or for promises to pay or perform services in the…

Which amendments require a special vote? Most amendments made to the certificate of incorporation only require the vote of a majority of all the outstanding shares entitled to vote. There are notable exceptions. One of these involves an amendment which would alter or strike out a provision for supermajority votes or quorums for shareholders. Such…

What can be amended? A corporation has the power to make insertions, deletions, or other modifications to its certificate of incorporation as it sees fit. However, insertions may only be made to the extent that they would be lawful in an original certificate of incorporation at the time the amendment is made. Amendments by the…

Unreasonable restraint on the alienation of shares New York law does not allow restraints on the alienation of shares to be unreasonable. Alienation of shares refers to an agreement made by a shareholder to not sell, transfer, pledge encumber or otherwise dispose of any company shares or those of a subsidiary under their ownership between…

Which changes are governed by the BCL? The New York Business Corporation Law (“BCL”) governs certain major internal changes to a corporation’s structure. These include: a) amendments being made to the certificate of incorporation; b) mergers; c) consolidations with other corporations; d) sale of assets; and e) dissolution of the company. Legal status of the…

There are various types of corporate entities in Israel. This article will explore their respective traits. Our law office specializes in Israeli corporate law. Contact us to for aid determining which type of company best suits your business needs. Public companies A public company is one which holds out its shares for ownership by the…

The general assembly of any company, composed of its shareholders, plays a crucial role in directing the corporate activities. What amendments may it pass on behalf of the company? What are its powers? Our law office, specializing in Israeli corporate law, is here for you. Please reach out to us should you have any questions…