The Central District Court has appointed a provisional receiver for foodtech company InnovoPro, which produces chickpea protein. The company, which in the past few years has raised millions of dollars, has become insolvent, with debts amounting to NIS 6 million. The court issued a stay of proceedings, freezing lawsuits by creditors, and appointed Adv. Gonen Kestenbaum as provisional receiver. A hearing on the situation of the company has been set down for September 7.
Last week, Innovopro applied to the court to start insolvency proceedings. The request, filed by Adv. Idan Adler Reiss of Furth, Wilensky, Mizrachi, Knaani, states that the company was founded in 2013 by physician and engineer Dr. Ascher Shmulewitz. The main…