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Blog Tag: Insolvency

Adv. Idan Miller

Israel: Court-Ordered Insolvency Proceedings Are a One-Way Street

March 22, 2023 / by Idan Miller

When a company in Israel is struggling with material financial difficulties and piles up debts, it has three main coping mechanisms at its disposal. It is important to understand that filing an application for a court order to open insolvency proceedings is a one-way street. Therefore, you must be thoroughly aware of its implications.

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Adv. Idan Miller

Contractor’s Insolvency during a Real Estate Project – How to Minimize Damages?

January 23, 2023 / by Idan Miller

When a performance contractor in a real estate project becomes insolvent, the developer must make decisions and take a series of measures. It’s important to understand the legal implications of such measures and in what instances they could expose the developer to the filing of legal actions by the insolvency trustee appointed to the contractor.

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Temporary Procedure for Insolvency Procedures in Israel in Light of COVID-19

February 11, 2021 / by Michael Dubin , Liron Dahan

The coronavirus pandemic has wreaked extensive economic havoc on the activities of many businesses and households in Israel. According to data from the Commissioner of Insolvency Proceedings, 2020 brought a rise of about 41% in the number of applications to commence insolvency proceedings compared to 2019.

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Barnea & Co. - blog post

Insolvency in a Nutshell

May 21, 2017 / by Barnea

Insolvency proceedings are an integral part of business-commercial activities, in circumstances whereby a person or corporation might need to institute proceedings to rehabilitate its business activities or even to liquidate the company.

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