Calcalist: Claim against Optibase Real Estate – collected funds that are not its
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Calcalist: Claim against Optibase Real Estate – collected funds that are not its

October 17, 2010
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Calcalist: Claim against Optibase Real Estate - collected funds that are not its
[Hebrew Only]

Lawsuit against Optibase Real Estate: collected money from clients other than its own
According to the lawsuit, the company sold its video operations to the French company Vitek, but continued to charge customers
Hadar Kana 16: 2917.10.10

The court rejected the application for a restraining order filed against the real estate holding company Optibase, which is traded on the Nasdaq. The application was filed today (Sunday) in the Tel Aviv District Court by Optibase Technologies.

Optibase Technologies is a subsidiary of the French Vitech Group. The company acquired all the video activity from the real estate company Optibase Ltd., which was left with holdings and real estate only.

The lawsuit was filed by the French company Vitek (through the Israeli company Optibase Technologies and the American company Stradis - both subsidiaries of Vitek), through attorneys Doron Afik and Shlomi Turgeman. The lawsuit letter states that the real estate company continued to charge its former customers for the activity sold.

Please note that Optibase Technologies demanded that the real estate holding company Optibase stop contacting its former customers in the field of video activities. .

According to the lawsuit, the real estate company hid its bizarre activity, stealing for weeks all the mail from Optibase Technologies at its address in the United States.

Advocate David Forer of Gross, who represents Optibase Real, stated that the judge's decision sterilizes Optibase Technologies' attempt to produce unfair pressure.

In what he defines as a substantive dispute as to the interpretation of an agreement. It was further stated that "there is a substantive dispute regarding the interpretation of the agreement between Optibase Real Estate and Optibase Technologies that is currently being discussed between the parties and we highly doubt whether the claim was filed in good faith. It is suspected that the plaintiff's employees, Optibase Technologies, illegally stole and returned checks written to the Optibase Real Estate Ordinance, and these days we are considering whether to take criminal or civil proceedings in the United States to return these funds. The application for the restraining order appears to be part of the campaign of pressure against Optibase Real Estate.