Proceedings of Mega Or & Big againgt pausing an acquisition of 855M NIS

Proceedings of Mega Or & Big againgt pausing an acquisition of 855M NIS

Joseph Benkel, Gil Rosenberg and Shiri Shapiro represent the companies Mega Or and Big in proceedings against Property & Building Corp. (PBC), of the IDB Group, in connection with the decision to pause the continue of executing the acquisition transaction of Ispro company (also of the IDB Group), in a total value of 855M NIS. This dispute is one of the first to break out due to the COVID-19 and raising claims of frustration of contract.

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