Richard Quest Shows Clueless That Israeli Courts Do Not Rule According to Wording of Contracts!
Richard Quest Shows Clueless That Israeli Courts Do Not Rule According to
Wording of Contracts!
Dr. Aaron Lerner 13 March 2023
CNN’s Richard Quest is in Israel and spent time talking with various
High-Tech business people before sharing his wisdom in an interview
broadcast tonight on Channel 12.
Quest declared that the international business community would lose their
confidence in Israeli courts if there is judicial reform.
Quest apparently doesn’t know about the precedent setting Apropim case.
“When interpreting a contract one should study what the true and joint
intention of the parties was without being limited to the expressions or
terms which they used. In the conflict between the wording of a contract
and the intention of its drafter the position of the latter take
precedence.”
Supreme Court Judge Aharon Barak – Apropim (Supreme Court Appeal 4628/93) 6
April 1995
So when business contracts between foreign and Israeli entities set that
disputes are to be adjudicated in a court located in the foreign entity’s
country it isn’t just a matter of convenience.
It is because, thanks to the precedent setting ruling of Judge Barak, it is
impossible to be certain if Israeli courts will rule on a business dispute
based on the signed agreements associated with the business transaction.
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Arab-Israeli relations
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Source: https://www.imra.org.il/story.php?id=73940
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