Gornitzky successfully represented the officers of Intercolony, in procuring a ruling issued by Judge Dania Keret Meir (Economic Division – Tel Aviv District Court), which dismissed the motion to approve a derivative suit against them.
The motion for approval was based on the claim that the matter involves the transferring of large amounts of money – tens of millions of Shekels – deriving from the sale of the companies’ assets to their managers, controlling shareholders and affiliates.
The company’s officers were represented by Partner Orly Tenennbaum and Associate Daniel Lasry.
