High-tech entrepreneur Moshe Yanai declared bankrupt over $42 million debt
Tel Aviv Magistrate’s Court Judge Lior Gelbard issued a bankruptcy order on Tuesday for high-tech entrepreneur Moshe Yanai, following a debt of approximately $42 million owed by his investment company, MII, to the Cayman Islands-registered investment fund Scintilla. The ruling means that all of Yanai’s foreclosed assets, previously subject to temporary seizure orders, will be…

