News

| Ehud Katzenelson
August 31st, 2017

Gornitzky represents Bezeq in a motion to hold an additional court session regarding the Supreme Court's ruling on the matter of dividend distribution.

Gornitzky represented Bezeq, the Israeli Communication Corp. Ltd,. in a motion to hold an additional Supreme Court session regarding its ruling from December 2016, which dismissed an appeal over the District Court's ruling that denied motions to approve a derivative lawsuit on behalf of Bezeq, in relation to capital reduction and dividend distribution executed by Bezeq. In her decision, Supreme Court President, Justice Naor, denied the plaintiff's motion to hold an additional court session, stating that the motion does not fall within the rare cases which justify holding an additional hearing.

Bezeq was represented by Pinhas Rubin (Chairman of the Firm), Lior Porat (Managing Partner), Asaf Avtuvi (Partner) and Ehud Katzenelson (Associate).

January 1st, 2017

Gornitzky's Dispute Resolution team successfully represented Bezeq the Israel Telecommunication Corp. Ltd. before the Supreme Court, receiving an unprecedented ruling in Corporate Law 

Gornitzky's Dispute Resolution team successfully represented Bezeq the Israel Telecommunication Corp. Ltd. before the Israeli Supreme Court, resulting in an exceptional ruling in favour of Bezeq, dismissing two appeals over the decision of the honourable Judge Kaboub at the Tel Aviv District Court which denied two motions to approve a derivative suit.
Among others, the ruling unprecedentedly asserts the absorption of the Delawarean Business Judgment Rule within the Israeli Corporate law.

 

Bezeq was represented by Pinhas Rubin (firm chairman), Lior Porat (partner), Asaf Avtuvi and Ehud Katzenelson

August 20th, 2017

Gornitzky represents the controlling shareholders of Platforma Marketing Communication Ltd.

Gornitzky represented the controlling shareholders of Platforma Marketing Communication Ltd. in a claim which was filed against them, for alleged minority oppression. At the end of the proceeding, which lasted for six years, the claim was fully dismissed. Unlike many oppression claims, the Court did not see fit to order a "separation of forces" between the shareholders in the company, despite the apparent crisis of confidence amongst the company's shareholders and despite the fact that the controversy led to additional legal proceedings. Moreover, dividends from the company's treasury were not distributed and a principle disagreement erupted over the identity of the Dircetor soon to be appointed. The Court remained undeterred by the events and dismissed the claim.

 

The company was represented by Kfir Yadgar (Managing Partner) and Associates Ehud Katzenelson and Inbal Ronel.

 

December 10th, 2013

Gornitzky represented Materna Industries in an agreed order with the Israel Antitrust Authority, whereby the leading infant nutrition company will not be declared a member of an oligopoly.

Gornitzky represented Materna Industries in an agreed order with the Israel Antitrust Authority, whereby the Commissioner will not declare Materna, Israel's leading infant nutrition company, a member of a concentration group (oligopoly) under the amended Israeli Restrictive Trade Practices Law. Terms for infant formula distribution to Israeli hospitals have also been regulated in the agreement.

 

Materna Industries Limited Partnership, owned by Osem-Nestle (TASE: OSEM), was represented by Avner Finkelshtein (Partner), Sagit Ohana-Livne (Partner) and Ehud Katzenelson.