Personal guarantees are common practice in Israel. Banks and lenders often demand personal guarantees from third parties as security for the provision of credit, either as sole security or in addition to other – usually proprietary – collateral. However, personal guarantees are common not...

The article deals with class actions against banks and credit card companies under Israeli Law.The article criticizes the conservative approach of the courts and their reluctance to certify the submission of class actions. The courts interpret the conditions set forth in the Law with excessive...