Tel Aviv District Court Judge Eitan Orenstein today issued a liquidation order for the Eurocom Group. The order will take effect on May 3, as requested by the banks. The official temporary receiver was appointed as the temporary liquidator for Eurocom Communications, and the banks’ lawyers were appointed as special managers for the company. The special managers will have to submit an initial report on the matter by the end of May.

Adv. Chagai Ulman, who represents the consortium of creditors in Eurocom Real Estate, headed by Mizrahi Tefahot Bank (TASE:MZTF), was made responsible for the assets attached in favor of the consortium – shares in the Midtow…

Read the full article at: https://www.globes.co.il/en/article-court-orders-eurocom-to-be-liquidated-1001232558