Court

20 stories about Court
מייסדי וסטו יניב ברטלה ו אלון ליפשיץ

Court overturns Vesttoo's seizure request against founders and execs

20.02.24|Meir Orbach
District Court in Tel Aviv rules in favor of co-founders Yaniv Bertele and Alon Lifshitz, dismissing seizure bid
עילית רז ג'ונקו joonko

Former Joonko CEO Ilit Raz suing company for $300,000 in legal expenses

23.01.24|Meir Orbach
Raz, who left the company amid allegations from the board that she “engaged in egregious, unethical, and fraudulent conduct”, is alleging corporate failure to cover attorney expenses related to an investigation
אביעד שניידרמן מייסד משותף ומנכ"ל Aura Air

How did Aura Air go from $60 million valuation to bankruptcy

27.08.23|Lital Dobrovitsky
The District Court in Tel Aviv has approved the Israeli air filtration company’s request for bankruptcy due to debt of approximately $13 million
עמי בר לב מנכ"ל ביקום עמי בר-לב

Beleaguered Vesttoo regains control of assets thanks to bankruptcy filing

16.08.23|CTech
The temporary restraining order preventing the Israeli startup from accessing its assets in the U.S. was lifted after it filed for Chapter 11 bankruptcy protection in a U.S. court a day earlier
Vesttoo co-founders

Vesttoo seeks Chapter 11 bankruptcy protection

15.08.23|Reuters and CTech
The Israeli fintech has laid off staff, closed offices and appointed an interim chief executive following the discovery of fraudulent letters of credit used on its platform
מייסדי Vesttoo

White Rock requests Tel Aviv court to freeze all Vesttoo’s Israeli accounts

14.08.23|Tomer Ganon and Almog Azar
This comes after Vesttoo had all its assets, including bank accounts, in the U.S. frozen by a New York court last week following a request by White Rock
Vesttoo co-founders

Vesttoo assets frozen by New York court

11.08.23|Almog Azar
The beleaguered fintech startup was handed another blow after all its assets, including bank accounts, were frozen at least until next week following a request by reinsurance broker Aon’s White Rock SAC
בניין הנהלת קומברס ברעננה

After 13 years, Comverse ordered to compensate former employees $16 million in backdating affair

12.07.22|Lital Dobrovitsky
The Comverse options backdating affair, which first made headlines in 2006, prevented its employees from exercising their options. The employees will finally be compensated after reaching a settlement as part of class actions lawsuits filed in 2009
מייסדי לושה יוני צרויה ו אסף אייזנשטיין

Investment firm Plus Ventures suing unicorn Lusha, claims it was defrauded of holdings

08.05.22|Meir Orbach
The firm claims it invested in a previous reincarnation of Lusha. The unicorn, which raised $205 million at a $1.5 billion valuation last year, said it has no connection with the plaintiffs and that its product was built based on independent intellectual property
סייבר האקרים אבטחת מידע

Delaware Court in Marriott ruling: Directors have duty of oversight in cybersecurity

01.11.21|Michal Barzuza and Ido Kenan
The ruling makes it clear that the court views cybersecurity as a central risk for all firms, not just hi-tech companies, and expects directors to monitor it closely
בית משפט פטיש שופטים שופט פסק דין

Who owns a startup’s funds, the company, or its investors?

15.11.20|Amir Kurtz
A court case into Israel’s forfeiture of a founder’s assets in a criminal proceeding may have wider implications for the tech investment scene
יורם קראוס מייסד ומנכ"ל אינפיבונד

Once valued as a unicorn, trustees now seek to sell bankrupt InfiBond for $7 million

30.08.20|Lital Dobrovitsky
Founded in 2014, InfiBond, which has undergone several pivots throughout the years, remains one of the local tech sector’s most enigmatic companies
מטה NSO הרצליה סייבר 1

Court rejects Amnesty International petition to withdraw NSO’s export license

13.07.20|Hagar Ravet
Judge said she is satisfied that the defense ministry’s oversight of defense exports is sufficient
מפעל טבע נתניה

Israeli court documents reveal worrying details on Teva’s decision to acquire Mexico’s Rimsa

08.06.20|Sophie Shulman
Classified documents show that Teva's board of directors didn't even dedicate a full meeting to the acquisition
מימין נתי דוידי ו אורי אלטר מייסדי סייברה

Court Rules Tens of Millions of Dollars in Favor of Ousted Cyvera Co-Founder

11.08.19|Golan Hazani
Co-founder Moshe Ben Abu waived most of his stake in Cyvera prior to its acquisition by Palo Alto Networks for around $200 million in 2014
משרדי מובילאיי בהר חוצבים בירושלים

Israeli Court Approves SEC Request to Question Israelis in Connection to Mobileye’s Insider Trading Investigation

08.08.19|Tomer Ganon and Ran Abramson
In 2017, the SEC opened two investigations, one against American citizens and one against Israeli citizens, into whether information about Intel’s $15.3 billion Mobileye acquisition was leaked before the public announcement and used for illicit profit
רחוב אלנבי תל אביב

Tel Avivians Ask the City to Require Permits for Airbnb Operators

23.07.19|Lital Dobrovitsky
In Tel Aviv,the battle against Airbnb rentals has just gone one step forward. Tired of having their complaints to the city go unanswered, 12 residents filed a petition Monday to a Tel Aviv district court against the city, demanding it takes action against unlicensed Airbnb rentals