News| Orly Tenennbaum
Gornitzky represents Sahar Holdings in a claim filed against it
Gornitzky represented Sahar Holdings (of the Delek Group) in a procedure to dismiss a claim filed against it by Dizengoff Tel Aviv 176 Ltd., before the Tel Aviv District Court. The plaintiff claimed that Sahar Holdings refrained from acting with "proper diligence" to register its rights to "Beit Sahar", an asset which was sold to Dizengoff in 2010 for over NIS 25 million. Following an arbitration proceeding before Mr. Amos Gabrieli, both sides agreed to the dismissal of the claim, without Sahar Holdings having to pay Dizengoff any fees.
Sahar Holdings was represented by Olry Tenennbaum (Partner) and Alex Feldsher (Associate).
Gornitzky represented Nes-Pan in Mega Retail Creditor Arrangement
Gornitzky represented Nes-Pan (a subsidiary of Amot Investments) in a stay of proceedings requested by Eden Teva Market (a subsidiary of Mega Retail). Nes-Pan is one of Eden Teva Markets' Creditors, leasing a property to the company in Be'er Sheba.
Gornitzky represents May A.B. Nadlan Ltd. and additional companies from Migdal Group in legal proceedings against the Israel Electric Corporation (IEC).
Gornitzky represented May A.B. Nadlan Ltd. and additional companies from Migdal Group in legal proceedings against the Israel Electric Corporation (IEC), before the Central District Court, in a motion to grant provisional relief, along with a financial claim worth millions of NIS.
Within the framework of the proceedings, the Court was asked to order the IEC to connect electricity to an office building, owned by the plaintiffs, and to issue a mandatory injunction against the IEC, obligating it to compensate the plaintiffs for financial damage due to the non-connection of electricity to the building and the IEC's defaults.
The companies were represented by Orly Tenennbaum (Partner) and Nimrod Saville (Associate).
Gornitzky represented Amot Investment in Mega Retail's Credior Arrangement
Gornitzky represented Amot Investments (TASE: AMOT) in Mega Retail's Plan of Recovery and Creditors Arrangement.
Within the framework of the Arrangement, various creditors (among them Amot) had reached an Arrangement to restructure Mega's debts, which accumulated to USD 700 million. The Arrangement was approved by the Central District Court pursuant to section 350 of the Companies Law.
Amot is the investment arm in Israel of Alony-Hetz Properties & Investments Ltd., and is a leader in the management, leasing, maintenance, and development of income generating properties in Israel.