Bezeq the Israel Telecommunication Corp. Ltd. achieves unprecedented ruling before the Supreme Court

Gornitzky’s Dispute Resolution team successfully represented Bezeq the Israel Telecommunication Corp. Ltd. before the Israeli Supreme Court, resulting in an exceptional ruling in favour of Bezeq, dismissing two appeals over the decision of the honourable Judge Kaboub at the Tel Aviv District Court which denied two motions to approve a derivative suit.

Among others, the ruling unprecedentedly asserts the absorption of the Delawarean Business Judgment Rule within the Israeli Corporate law.

Bezeq was represented by Pinhas Rubin (Picture), Lior Porat (partner), Asaf Avtuvi and Ehud Katzenelson

Involved fees earner: Pinhas Rubin – Gornitzky & Co.; Lior Porat – Gornitzky & Co.; Asaf Avtuvi – Gornitzky & Co.; Ehud Katzenelson – Gornitzky & Co.;

Law Firms: Gornitzky & Co.;

Clients: Bezeq;

Author: Michael Patrini.