Our firm’s Request to Question ICL’s Independent Committee Chairman, Retired Judge Oded Modric, was Approved
02.12.2018
The former Tel Aviv District Court judge, Oded Modric, who headed the independent committee established by ICL, is expected to testify in court regarding the derivative claim filed by a shareholder with our firm.
The derivative claim was filed by Ronen Adini &. Co. in connection with bonuses that were granted to ICL’s managers, not in keeping with the Company’s remuneration policy, and unlawfully. In response, ICL established an independent committee, headed by Judge Modric, which decided that the claim was ungrounded. Following this, Adv. Ronen Adini, who filed the claim, demanded to summon the committee’s chairman, the retired judge Modric, to testify in order to provide details of the committee’s operation. Despite ICL’s objection, Judge Altuvia granted the request to call on Judge Modric.
More info
Article by Adv. Ronen Adini, published in The Marker on Derivative claims
03.05.2021
Adv. Ronen Adini was honored to write the Israeli chapter (Class Actions in Israel 2021) in The Class Actions Law Review
17.04.2021
Adv. Ronen Adini took part in a “Round Table” on “Derivative Claims and Directors’ Insurance”, at the Fischer Center in Tel-Aviv University Faculty of Law with the participation of Supreme Court Judge, the Honorable Prof. Ofer Groskopf, Prof. Assaf Hamdani, Prof. Sharon Haness, Prof. Ehud Kamar, Dr. Kobi Kastiel, Adv. sigal schlimoff Shlimoff and Adv. Hadar Brin.
17.04.2021
