April 28, 2021

Our firm is representing the investment fund of the worldwide Samsung Group in a claim and in a motion for an injunction that were filed against it on the grounds that it is reneging on the agreement for the sale of its shares in the company, StoreDot, for US $ 13 million.

Our firm is representing an investment fund of the worldwide Samsung Group in a claim and in a motion for an injunction that were filed against it by Moshe Hogeg, on the grounds that the investment fund is reneging on the agreement for the sale of its shares in the company, StoreDot, for US $ 13 million. In its response to the Court, the Fund denies the existence of the agreement, when the negotiations ahead of the agreement have not yet been completed and it has not even been signed, and the Fund claims that the Plaintiff’s goal is to frustrate a sale to third parties, and to force the Fund to sell all of its shares in the company at a lower price.
The investment fund Represented by partner Ofer Tzur, Head of the Litigation Department, together with partner Ofer Fleischer, and senior associate Ilana Zibenberg.

 

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