Precedent-setting ruling: The Boundaries of power of a foreign trustee appointed in international insolvency proceedings

Our firm recently acted on proceedings before the District Court in Tel Aviv, where a precedent-setting decision was handed down regarding international insolvency and economic rehabilitation proceedings, and lawsuits against officers in such proceedings.

In this memorandum, we explain the ruling and its significance.

We would be happy to assist and advise on any question that arises.