The stay of proceedings order for Lusix has been extended until the end of September.
The District Court has appointed Attorney Shai Bar-Nir, a partner in our Insolvency and Corporate Recovery Department, as the debt arrangement administrator for the diamond company Lusix, owned by Benny Landa, and has approved the stay of proceedings order submitted at Attorney Bar-Nir’s request until the end of the month.
Attorney Bar-Nir will work to achieve a debt settlement for the company, whose debts exceed 100 million shekels, or will attempt to find a buyer for the company, either in parts or in full. The Insolvency Commissioner and the company’s creditor banks supported the request.
To read the full article click here

The District Court has appointed Attorney Shai Bar-Nir, a partner in our Insolvency and Corporate Recovery Department, as the debt arrangement administrator for the diamond company Lusix, owned by Benny Landa, and has approved the stay of proceedings order submitted at Attorney Bar-Nir’s request until the end of the month.
Attorney Bar-Nir will work to achieve a debt settlement for the company, whose debts exceed 100 million shekels, or will attempt to find a buyer for the company, either in parts or in full. The Insolvency Commissioner and the company’s creditor banks supported the request.
To read the full article click here

09.01.2025
The public share issuance process of the Ashtrom Group has been completed, raising approximately 600 million NIS
READ MORE
14.01.2025
The position of the Gush Katif evacuees regarding the cancellation of the establishment of a logistics center near their homes has been accepted
READ MORE
13.01.2025
The Psagot Group is acquiring 100% of the shares of R.G.A Cleaning Services and the financing activities of its subsidiary, Rogon Assets
READ MORE
13.01.2025
The state fails to make services accessible to populations that avoid using digital platforms
READ MORE
02.01.2025