06.03.2020 | Adv. Amit Lederman, Head of the Insolvency and Corporate Restructuring Department, accompanied Chef Naor Cohen in his debt and business restructuring process.
The restaurant business is one of the most challenging industries in the Israeli labor market requiring three years of running business to return one’s investment.
Some succeed and some are forced to close their business.
Attached is YNET article about Chef Naor Cohen who started his way as a young culinary entrepreneur who made it, but his business expansion resulted in debts followed by creditors.
Adv. Amit Lederman, Head of our Insolvency, Creditor’s Compositions and Corporate Restructuring Department, accompanied Chef Naor Cohen “pro bono” on his way to save his business, reaching a creditors’ composition, on top of debt restructuring and saving the restaurant.
For YNET article
The translation was executed courtesy of Tomedes Translations