Order delaying proceedings for Marathon 018 Expon; Adv. Amit Lederman, Head of the Department of Insolvency, Creditors' Arrangements and Recovery of Companies in our firm, has been appointed as the Director of the Arrangement by the Court

AYR News Order delaying proceedings for Marathon 018 Expon; Adv. Amit Lederman, Head of the Department of Insolvency, Creditors’ Arrangements and Recovery of Companies in our firm, has been appointed as the Director of the Arrangement by the Court

23.06.2021

Order delaying proceedings for Marathon 018 Expon; Adv. Amit Lederman, Head of the Department of Insolvency, Creditors’ Arrangements and Recovery of Companies in our firm, has been appointed as the Director of the Arrangement by the Court

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Central District Court issued a stay of proceedings against the cellular company Marathon 018 Xphone, who owns the brand We4G and a subsidiary of Xphone 018, following a cash flow and debt crisis worth hundreds of millions of NIS.

The company filed a motion to stay proceedings.
At the same time, the court appointed Adv. Amit Lederman, Head of Insolvency, creditors’ arrangements and corporate recovery in our firm, to the position of director of the arrangement.

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Yedioth Aharonot 22.6.2021>>