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1

Court appoints receiver for Delek Real Estate

Legal
  Judge Varda Alshech appointed a receiver from May 13 and urged Yitzhak Tshuva to reach a creditors agreement before then.
  Avi Shauly 03/05/2012
 Tel Aviv District Court Judge Varda Alshech has decided to appoint a temporary receiver for Delek Real Estate Ltd. (TASE: DLKR from Sunday May 13. Until then, she said, "The parties have a last She ...
2

Maiman files for arbitration over Egyptian gas

Legal
  Ampal is seeking financial compensation for what it terms "Egypt's treaty violations."
  Yossi Nissan 03/05/2012
 Ampal-American Israel Corporation (Nasdaq: AMPL ; TASE: AMPL ), controlled by Yosef Maiman, today said that it has filed a request for arbitration against the Egyptian government, in connection with ...
3

Court dismisses suit against Leviev on Kyrgyz gold mine

Legal
  The Tel Aviv District Court today dismissed a NIS 2.5 billion lawsuit filed by Bertie Sinbeti against Lev Leviev and the Leviev Group.
  Chen Ma'anit 29/04/2012
 The Tel Aviv District Court today dismissed a NIS 2.5 billion lawsuit filed by Bertie Sinbeti against Lev Leviev, Leviev Group Project Management, and senior company officers for allegedly stealing a...
4

Teva reaches compromise on epinephrine injector

Legal
  Under the settlement with Pfizer and Mylan, Teva will be allowed to market its generic injector by mid-2015.
  Fadi Mualem 29/04/2012
 Pfizer Inc. (NYSE: PFE) and Mylan Inc. (NYSE: MYL) have announced that Mylan subsidiary Meridian Medical Technologies Inc. has settled patent-infringement litigation with Teva Pharmaceutical (Nasdaq:...
5

Tshuva: No more cash for Delek Real Estate

Legal
  Yitzhak Tshuva has notified the company that he will stop supporting it financially from May 6.
  Avi Shauly 24/04/2012
 Yitzhak Tshuva yesterday notified Delek Real Estate Ltd. (TASE: DLKR ) that he will cease to support the company from May 6, after the company's bondholders kept on making new demands, even after If A...
6

Start-up Wisair in receivership

Legal
  The communications chipset developer raised $80 million.
  Shmulik Shelach 23/04/2012
 Alongside impressive exits, Israel's start-up industry is also dealing with a growing number of companies that are unable to survive and end up in receivership. The Tel Aviv District Court yesterday ...
7

Liberman, Abeles families threaten to sue Israel

Legal
  Zadik Bino's Australian partners in Paz and First International Bank claim the concentration committee proposals breach international conventions.
  Lilach Weissman and Eran 19/04/2012
 Sources inform ''Globes'' that the Liberman and Abeles families of Australia, Zadik Bino's partners in the controlling core of Paz Oil Company Ltd. (TASE: PZOL ) and First International Bank of Israel...
8

Cypriot co sues Sagi, Steinmetz over gas royalties

Legal
  Western Breeze alleges that it has the right to 1% royalties on oil produced, kept and marketed from the Pelagic offshore licenses.
  Chen Ma'anit and Amiram 18/04/2012
 A Cypriot company owned by US investors, Western Breeze, has filed a lawsuit with the Tel Aviv District Court against two companies owned by Teddy Sagi, two companies owned by Beny Steinmetz, Israel (...
9

Antitrust Authority approves British Israel-Melisron merger

Legal
  Melisron will not sell Haifa's Grand Canyon, but three other malls.
  Yuval Yoaz 17/04/2012
 The Antitrust Authority has approved the takeover by Ofer Investments Ltd. subsidiary Melisron Ltd. (TASE: MLSR ) of British Israel Ltd. , after Restriction of Trade Tribunal Judge Nava Ben-Or Three "...
10

Galia Maor questioned on Leumi offering

Legal
  The Securities Authority questioned Maor about the bank's profit warning in November, four days after an offering of deferred notes.
  Guy Katsovich 17/04/2012
 The Israel Securities Authority questioned outgoing Bank Leumi (TASE: LUMI ) president and CEO Galia Maor before the Passover holiday about the profit warning published by the bank in November 2011, ...

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