September 26, 2011

Gornitzky represented Tshuva vis-à-vis Delek Real Estate's bondholders regarding debt restructuring.

In negotiations between the representatives of several of Delek Real Estate Ltd.’s bondholders and the company’s controlling shareholder, Mr. Yitzhak Tshuva, the parties agreed that payments to the bondholders will be delayed by several months and in return, the bondholders will receive NIS 13 million in compensation.

Mr. Ofer Tzur (Partner, Head of Litigation) represented Mr. Tshuva in this case.

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