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Our firm represents Mr. Moti Ben-Moshe
Our firm represents Mr. Moti Ben-Moshe in a legal conflict conducted between Mr. Eduardo Elsztain and himself, with respect to their joint investment in IDB, Israel’s largest holdings corporation. Over the course of an arbitration procedure between Ben-Moshe and Elsztain, Ben-Moshe’s approach had been sided with and it has been declared that Elsztain is exclusively obliged for the entirety of obligations determined in the debt arrangement (including and obligation at the sum of 512 million ILS to perform tender offers) after he purchases Ben-Moshe’s shares for the sum of 152 million ILS. During the aforementioned procedure, an injunction which prevented Ben-Moshe’s removal from IDB’s board of directors was granted in Ben-Moshe’s favor. In another procedure held at the Tel Aviv district court, our firm has succeeded in bringing to the denial of an appeal to initiate foreclosure upon the funds received by Ben-Moshe after selling his shares to Elsztain.
