The stay of proceedings order for Lusix has been extended until the end of September.
The District Court has appointed Attorney Shai Bar-Nir, a partner in our Insolvency and Corporate Recovery Department, as the debt arrangement administrator for the diamond company Lusix, owned by Benny Landa, and has approved the stay of proceedings order submitted at Attorney Bar-Nir’s request until the end of the month.
Attorney Bar-Nir will work to achieve a debt settlement for the company, whose debts exceed 100 million shekels, or will attempt to find a buyer for the company, either in parts or in full. The Insolvency Commissioner and the company’s creditor banks supported the request.
To read the full article click here

The District Court has appointed Attorney Shai Bar-Nir, a partner in our Insolvency and Corporate Recovery Department, as the debt arrangement administrator for the diamond company Lusix, owned by Benny Landa, and has approved the stay of proceedings order submitted at Attorney Bar-Nir’s request until the end of the month.
Attorney Bar-Nir will work to achieve a debt settlement for the company, whose debts exceed 100 million shekels, or will attempt to find a buyer for the company, either in parts or in full. The Insolvency Commissioner and the company’s creditor banks supported the request.
To read the full article click here

23.03.2025
Our firm represented NetBet in negotiating a sponsorship agreement with the UFC
READ MORE
09.03.2025
Arkia has filed an administrative petition with the Administrative Court against the Israel Airports Authority and the Minister of Transport
READ MORE
07.03.2025
The CBS has raised the Construction Input Index, and developers are paying the price
READ MORE
30.01.2025
The Israeli cybersecurity company GuardKnox has filed an urgent request for a court order to initiate proceedings and temporary relief measures
READ MORE
30.01.2025
The International Data Privacy Day is a great opportunity to assess where we stand
READ MORE
24.01.2025