Gornitzky represents IDB development Ltd. in a request to amend IDB holdings company’s creditors agreement

March 13th, 2016 Back to all

Gornitzky represented IDB development Ltd. In a request to amend IDB holdings company’s creditors agreement, to which the trustee of debenture “Tet” objected, claiming that the agreement would not solve the company’s financial problems in the next year. He therefore asked the company and the court to determine that in case the company would reach insolvency, the position of the creditors would be restored.

 

See full story (Hebrew)

 

IDB development Ltd.was represented by Pinhas Rubin (Firm Chairman), Kfir Yadgar (Partner) and Yair Shiloni (Partner)