December 05, 2018

Gornitzky represented the Phoenix Insurance Company Ltd., in a petition for the certification of a class action against it, the parties reached an agreement that the lead plaintiff would withdraw from the petition.

Gornitzky represented the Phoenix Insurance Company Ltd., in a petition for the certification of a class action against it on the grounds that the Phoenix does not refund, at its own initiative, insurance premiums to its insured customers at times that they are in a situation of a loss of capacity for work, in contravention of the terms and conditions of the policy, and it also rejects insurance claims for the refund of such premiums in contravention of the law.

After two pre-trial hearings during which the Court discussed the difficulties of the petition for certification, the parties reached an agreement that the lead plaintiff would withdraw from the petition for certification, remuneration would be paid to the lead plaintiff and the fees would be paid to its attorneys. The Court approved the withdrawal and reduced the fees to the representative attorneys by NIS 10,000.

Phoenix was represented by the partner Noam Ronen together with associate Daniel Barlev.

Hit enter to search or ESC to close