May 23, 2016

Gornitzky represented Melisron in a substitution proceedings of public bonds in a value of NIS 1.85.

Gornitzky represented Melisron Ltd., the leading real estate company in the field of shopping malls and commercial centers, in a substitution proceedings of two publicly traded series of bonds issued by Melisron’s subsidiary, British Israel, with two new series of publicly traded of Melisron’s in a value of NIS 1.85 Billion. The substitution of the bonds is executed by way of a motion to the Tel Aviv District Court in accorfance with section 350 of the Companies Law, pursuant to which British Israel shall cease to be a “Reporting Entity” in accordace with the Securities Law.

Melisron Ltd was represented by Sharon Werker-Sagy (Partner), Inbal Zackay-Horev, Uri Heller, Michael Goffer (Capital Markets) and Noam Ronen (Partner, Litigation).

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