Gornitzky represented Luzon Group in a claim regarding a lien on Dori Energy's shares.

February 11th, 2018 Back to all news

Gornitzky represented Luzon Group in a claim in which it declared that the lien on Dori Energy's shares, a company owned by the group and a shareholder in the Dorad power plant, serving as security for an NIS 180 million bond-raising, does not necessarily prompt the right of first refusal incorporated in the Dorad Power Plant shareholders' agreement.


The District Court fully accepted the claim filed by the group, awarding the company high expenses. Following the ruling, an appeal to the Supreme Court was filed by Edelcom Ltd. (another shareholder in the Dorad power plant), but was dismissed.

 

The group was represented by Eli Cohen (Partner) and Associates Daniel Lasry and Alex Feldsher.