Last week, the District Court in Lod appointed Adv. Yaron Elhawi as a temporary trustee for the company, Royal App Ltd., further to the company’s motion for the commencement of insolvency proceedings and for the appointment of a temporary trustee for the company. The company is an Israeli start-up in the field of mobile and e-commerce, which has developed a cellular trading platform that allows shoppers to make purchases of various products, while it incorporates ads that are tailored to the shopper’s own personal requirements. The technology that was developed by the company lets shoppers make purchases using their mobile phone, in an integrated manner, while making use of various interfaces – at any time and place for their convenience.
February 04, 2021