A company claimant will usually be required to deposit a guarantee for the defendant’s expenses

A company without assets claimed without any basis that panels had been stolen from it.

The Court held that the company must deposit a guarantee in the amount of ILS 30,000 to secure the expenses of the defendant.   The default when a company file a claim is to order it to deposit a guarantee to the expenses of the defendant, unless the company has demonstrated financial strength or that the circumstances justifies avoiding a deposit, such as the likelihood of the claim being particularly high.   Here, the company does not have assets and has not demonstrated financial strength nor has it shown that the likelihood of a claim being made for the theft of the panels is particularly high.   Therefore, the company was ordered to deposit a guarantee in the amount of ILS 30,000.

For full disclosure, the defendant in this proceeding was represented by Adv. Shelly Wilner of Afik & Co.