Complex Commercial Litigation,
Securities Class & Derivative Actions
and Insolvency Boutique

In-Depth Knowledge and Understanding of
Corporate Governance and Capital Markets

background

Strategically and Practically Minded
to Our Client’s Every Need

Rulings

18.4.2018
26.12.2017
9.8.2016
25.5.2016
14.3.2016
28.1.2016
17.11.2015
2.8.2015
5.4.2015

C.L.A [Class Action] 20119-08-11 Sulami-Lavie V. Delek Israel Fuel Corporation Ltd

$13.6 Million Settlement – A judgment of the District Court approving a settlement agreement in the class action filed by our firm against the Delek Company for its “Dalkan” arrangements. the court approved a cash settlement of $13.6 million (include fees and remuneration). In addition, the settlement agreement requires Delek to adopt a new pricing system for its Dalkan customers.

C.L.A [Class Action] 15731-10-11 Niram Raw Materials and Printing Equipment Ltd. et al vs. Pazomat of Paz Group Ltd. et al

$11.9 Million Settlement – A judgment of the District Court approving a settlement agreement in the class action filed by our firm against the Paz Company for their “pazomat” arrangements. the court approved a cash settlement of $11.9 million (include fees and remuneration). In addition, the settlement agreement requires Paz to adopt a new pricing system for its pazomat customers.

C.F.H (Civil Further Hearing) 2527/16, 2583/16 Jane Does vs. Adv. Uri Daniel

The President of the Supreme Court  accepted our Firm’s arguments and rejected a petition for further hearing with regard to the judgment of the Supreme Court in C.A. 7426/14, 7474/14, 8119/14 in which compensations were awarded to the Firm’s client under the Defamation Law.

A.W.L [Appeal pursuant to the Water Law] 59864-09-14 Chelkat Chen Ltd. vs. the Governmental Water and Sewage Authority et al

A judgment of the water affairs court (Haifa district court), accepting an appeal of the firm’s clients with respect of the water authority’s decision to issue an order to correct a distortion according to the water law. The verdict highly criticizes the lack of coordination between the government authorities and the difficulties which they place upon the private real estate entrepreneur.

C.A [Civil Appeal] 7426/14, 7474/14, 8119/14 Jane Does vs. Adv. Uri Daniel

Judgment of the Supreme Court regarding the affair of the “rape victims plan”, meant to harm a client of the firm who is an attorney – the Supreme Court ruled, inter alia, that the appellants knowingly filed false rape claims against the firm’s client, and ruled, in an unusual and unprecedented manner, that they must pay compensation pursuant to the Defamation Law, due, among others, to the false claims they filed. This verdict is groundbreaking and deals extensively with the […]

L.O.C [Liquidation of Companies] 2062-05 Ayelet Hashachar Kibbutz – Agricultural Cooperative Association et al vs. A. Pasha Wholesale Fruits and Vegetables Ltd. et al

A District Court ruling on setting higher liquidator’s fees than those set in the regulations – the court accepted our firm’s position according to which there is room to set liquidator’s fees that are higher than those set in the companies regulations, diverging from them when appropriate.

D.R.C [Derivative Claim] 37473-09-12 CPA Israel Ben Yoram vs. Nochi Dankner et al.

$2.85 Million Settlement – A judgment of the District Court (economic department) validating the settlement agreement in the derivative lawsuit regarding Israir transaction – the Tel-Aviv District Court (economic department) validated the settlement agreement in the derivative lawsuit filed on behalf of the firm’s client against the controlling shareholders and directors of IDB Development Ltd. in respect of an interested party transaction (Israir transaction) which according to the claim was tainted by a conflict of interests both of the controlling shareholders […]

C.A 6437/13 Erez Cochva Holdings (1999) Ltd. et al vs. Keyvesting Ltd. et al.

Verdict of the Supreme Court regarding a violation of a shareholder’s right of first refusal – The Supreme Court partially accepted the firm’s clients’ appeal and ruled that in respect of the District Court’s rulings, according to which the appellants are entitled to execute their right of first refusal regarding shares and convertible loans, the appellants should therefore be placed in the same position as the shareholder who purchased the shares and rights in the transaction in which that right […]

C.M.A [Civil Motion to Appeal] 157/14, 162/14 and 456/14 Pazomat of Paz Group Ltd. et al vs. Niram Raw Materials and Printing Equipment Ltd. et al

Judgment of the Supreme Court rejecting a motion to appeal a verdict authorizing a class action – it was determined that the court should reject the fuel companies’ motion to appeal the decision to authorize class actions that were filed, among others, by the firm’s clients against Paz and Delek fuel companies.

News

9.7.2019
4.5.2019
27.4.2019
4.2.2019
8.1.2019
18.12.2018
28.11.2018
17.10.2018
23.4.2018

The conduct of the partnership in Tamar – illegal, constitute cartel and apparently criminal

Nochi Dankner’s request to file “opt out” notices for members of the class action was rejected

Itay Shtrom wants to include State witness Adi Sheleg as a defendant

2018 class action survey

“Business as usual” in Aeronautics: Insider trading investigation, Aaron Frenkel increase his holdings and the stock keep rising

Motion for documents disclosure prior to initiating derivative action was filed in the matter of the generic-drug cartel in the USA

Class action lawsuit in the matter of IDB’s stock manipulation

A minority shareholder filed a motion to court claiming Yitzhak and Eido Hagag have improperly usurped the public company international real estate opportunities

“Senior managers in Aeronautics cause the company damages of ₪ 690 million”