The Supreme Court of Israel Issues Groundbreaking Decision on Derivative Claims, Referencing Article Co-Authored by Sullivan Partner Amichay Tessler
By EsqSocial Corporation 03/05/24
Tel Aviv, Israel – Recently, in a precedential case, the Supreme Court of Israel (the "Supreme Court") cited and based its groundbreaking decision on an article co-authored by Amichay Tessler, a litigation partner in Sullivan & Worcester's Tel Aviv office. According to Israeli law, a shareholder or a director of a company (and a creditor, in certain circumstances) can file a motion to certify a claim as a derivative claim (“Derivative Claimant” and “Motion to Certify”, respectively)....
By: Sullivan & Worcester