TRANSACTIONS

Waiver and dismissal of high-profile Derivative Action proceedings against our clients | December 2018

Waiver and dismissal of high-profile Derivative Action proceedings against our clients | December 2018

Adv. Shai Erez, Litigation Partner, successfully defended our firm’s client, Lapidoth-Heletz L.P and its members of the board of directors, in discovery proceedings towards a Derivative Action against them and against the controlling shareholders. Judge Altuvia Magen of the Economic Department in the District Court of Tel-Aviv dismissed the proceedings, and the applicant and the attorneys of his waived all claims in connection to the matter (with respect to, allegedly, forbidden transactions with an interested party, violation of the stock exchange articles, an exploitation of business opportunities, a misleading report to the public, etc.) in their entirety.

2018

Shai Erez

Phone +972-3-6074580

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