The article belongs to the category:Deals & Cases

Kibbutz Nitzanim will compensate an entrepreneur for cancelation of expansion agreement

September 2018

On September 6th, 2018, the Tel Aviv District Court gave its supplementary judgment verdict in Civil Case number 10222-06-10 in the matter of Efal Group vs. Nitzanim, in which attorneys Ran Sprinzak, Efrat Cibulski-Bar and Chen Neeman represented the plaintiff.

In the court proceedings, during which the claim was accepted and claims by Kibbutz Nitzanim were rejected, the Court ruled, that the Kibbutz’s claim, that it was entitled to cancel the agreement with the construction company Efal for the construction of an expansion neighborhood in the Kibbutz, should be rejected.

Therefore, it was determined that Kibbutz Nitzanim will pay Efal Group compensation in the amount of NIS 1.4 million, as well as legal expenses in the amount of NIS 375 thousand plus linkage differentials and interest.

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