Discrimination against some unsecured creditors is not a sweeping excuse for not granting approval to a complex creditor arrangement

Through fraudulent means and by presenting forged vouchers, approximately ILS 48,000 was withdrawn from a customer account at the Postal Bank.  The Postal Bank refused to reimburse the funds, contending that they must await a police investigation, while simultaneously freezing the account-leaving the customers without their money and in prolonged uncertainty. The Court accepted the […]

A veteran employee was dismissed from his job after the company changed ownership and the previous manager opened a competing business.  The company suspected that the employee, who maintained friendly relations with the previous manager and even visited his business, was passing information and clients to him, and summoned him to a hearing regarding these […]

Parties to a real estate dispute signed a settlement agreement whereby one party would purchase the rights of the other party, subject to the provision of ownership documents within six months.  The selling party concealed a material inheritance order in its possession, and subsequently contended that the agreement had expired due to the passage of […]

A landlord and a tenant signed a lease agreement for a store.  The landlord made a misrepresentation that the store also includes an outdoor dining area.  The tenant continued to hold and use the leased premises, but refrained from paying rent and municipal taxes claiming misrepresentation and a right of set-off. The Court held that […]