News| Shirin Gabbay-Metzger
Gornitzky represented Bank Hapoalim in a motion to approve a class action filed against it.
Gornitzky represented Bank Hapoalim in a motion to approve a class action filed against the Bank and its officers, in which it was argued that the bank refrained from including in its financial statements, the fact that provisions were made, pertaining to the investigation being conducted against the Bank in the United States. The motion allegedly claims that this is in fact material information which the Bank was required to disclose, in order not to mislead investors who purchased the Bank's shares.
Judge Ruth Ronen dismissed the motion in her ruling last week.
Recently, Gornitzky & Co. welcomed two new partners to its ranks, Mr. Harel Shaham and Mr. Yisrael Spero. Also to join the firm, are seven new associates.
Mr. Shaham has been an associate with the firm since 2006 and specializes in complex civil and commercial litigation cases, including in the fields of capital markets, shareholder disputes, real estate, tenders, insurance, slander, administrative law and labor law, as well as in class actions and derivative suits.
Mr. Spero has been an associate with the firm since 2007 and focuses his legal practice on domestic and cross border M&A transactions, private equity investments and complex commercial transactions.
Gornitzky & Co. has also welcomed seven new associates to its ranks, including Ms. Joanna Yanowsky, who was previously an associate at a leading, boutique labor law firm, and Ms. Shirin Gabbay-Metzger, Ms. Elinor Vardi, Ms. Noga Haruvi, Ms. Bat-Hen Mazor, Mr. Yoav Meer and Mr. Ram Shchory, who have recently completed their legal clerkship at the firm.
Gornitzky represents Israel Corp in a motion to approve a derivative suit pertaining Israel Corp's previous CEO, Mr. Nir Gilad, employment terms prior to 20th Amendment of the Israeli Companies Law.
Gornitzky successfully represented Israel Corp in a motion to approve a derivative suit pertaining Israel Corp's previous CEO, Mr. Nir Gilad, employment terms approved prior to 20th Amendment of the Israeli Companies Law (addressing the compensation and salary approval process for senior executives). The Tel Aviv District Court dismissed the suit against Israel Corp and its Board Members.