Settlement in the Claim Regarding the ICL Bonuses, filed by our Firm: Former Executives will Refund NIS 6.5 Million to the Company

28.05.2019

A settlement agreement was reached in the derivative claim filed by Adv. Ronen Adini regarding the unlawful bonuses paid by ICL to their executive officers throughout the years 2014-2015.

As part of the settlement agreement, the defendants will pay the Company a total of NIS 6.5 million, plus reimbursement in the amount of NIS 100,000.

Read the full article in Calcalist

More info

Adv. Ronen Adini was interviewed to ‘Globes’ regarding lawyers’ fees in class actions, following the Supreme Court ruling of Supergas

Adv. Ronen Adini was interviewed to ‘Globes’ regarding lawyers’ fees in class actions, following the Supreme Court ruling of Supergas

On behalf of our client, we managed to call off the intended merger between Ispac Ltd and Baladi

On behalf of our client, we managed to call off the intended merger between Ispac Ltd and Baladi

The district court appointed liquidators to Hagshama

The district court appointed liquidators to Hagshama