March 13, 2016

Gornitzky represents IDB development Ltd. in a request to amend IDB holdings company’s creditors agreement.

Gornitzky represented IDB development Ltd. In a request to amend IDB holdings company’s creditors agreement, to which the trustee of debenture “Tet” objected, claiming that the agreement would not solve the company’s financial problems in the next year. He therefore asked the company and the court to determine that in case the company would reach insolvency, the position of the creditors would be restored.

IDB development Ltd.was represented by Pinhas Rubin (Firm Chairman), Kfir Yadgar (Partner) and Yair Shiloni (Partner)

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