In other words, according to their version, the estimated delivery date promised to them was April 2025.
Since this date has passed, they claim that they are entitled to realize the guarantees of the Sale Law , and that the appointment of the receiver and the creation of an outline for the completion of the construction in the future does not detract from this right.
It is not superfluous to note that according to B."As the secured creditors in contracts with Dekel, there is no definition of the date of commencement of the works. Since the work actually began in April 2023, according to the secured creditors, the claimed delivery date should be April 2026 and not April 2025 as Dekel claims (see minutes of July 20,2026, p. 12,18). - 21).
The Sidi family's request:
- The Sidi family of applicants 3 and 4 (hereinafter: "Sidi") also purchased an apartment in the project. Sidi also claims that the date promised to them for the delivery of the apartment to them has passed, and that under these circumstances they wish to cancel the transaction and realize the guarantee The Sale Law which was given to them. They are also of the opinion that the fact that a receiver has been appointed for the project and that there is a certain expectation of its completion does not detract from this eligibility.
It is not superfluous to note that according to the secured creditors in the purchase agreements with them, the date of commencement of the works is defined as May 15,2022, i.e., the date of delivery"to May 2025 (see transcript of July 20,2026, p. 12, s. 18) - 21).
The position of the rest of the apartment buyers:
- The six remaining buyers of the developer's apartments submitted their position to the outline presented by the receiver for the completion of the project. They expressed their agreement to the outline, subject to various comments. These buyers are interested in continuing the transaction and do not wish to realize the guarantees The Sale Law which are in their hands.
The position of the veteran apartment owners:
- On May 26,2026, the apartment owners responded to the outline proposed by the receiver. They noted that they are absolutely interested in advancing the project and continuing the construction process without any delays.
However, in their opinion, there is no room for the secured creditors to receive 100% of the amount of the forfeiture and even the secured creditor for the surpluses will receive compensation, while the owners of the old apartments will waive their damages and will not be able to realize the autonomous guarantees they hold.