In a hearing held today (Thursday) in the Jerusalem District Court, before Judge David Mintz, regarding the "Beitar Information" company, it was decided to appoint a permanent liquidator for the company and to continue the orders issued in a previous decision (dated November 6, 2013). The orders prohibit the Beitar Illit Municipality from transferring funds to the Beitar Information Company or to any other body or entity on its behalf. The Beitar Information Company is also prohibited from disbursing funds to any other body.
Betar Information was published by Betar Illit and managed by Zelig Leib Klein. In November, a temporary liquidation order was issued against the company, after numerous claims were filed against it by employees and suppliers, as well as debts for execution.
To understand the story, we can use the words of Attorney Shoshani, the temporary liquidator, as presented to the judge.
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""We are requesting the dissolution of Betar Information Ltd. A temporary liquidator has already been appointed. After I was appointed, an attorney named Avraham Biton, who was sitting in my office, contacted me, but there was no progress at that meeting. As of today, the situation is that there is a cause for dissolution against the company in our opinion, on the grounds that it is not paying its debts. We have attached several affidavits from various creditors of the company of various types, some employees, some suppliers, to all of whom the company has not paid its debts. In this company, it turns out that the shareholder of the company, a man named Glanzer, claims that he did not know that he was the shareholder and does not object to the company being dissolved. On the day the company is dissolved, we will know who the shareholder is. There is a man named Selig Klein who does not hold a position in the company, but owes a lot of money.
As of today, the company has not filed an objection, except for a document they requested to come with a proposal, there was no proposal. I brought the declarants here as a precaution, so that if a representative comes, even though they did not file an objection, they can question them. We are requesting that a liquidation order be issued. I am requesting that I be made a special administrator with the powers of a liquidator until a permanent liquidator is appointed. A certificate of completion has been filed, and the publications have been made.".
Attorney Shoshani's request was to continue the previous injunction. The judge's decision was: "Given the grounds for dissolution and the existence of a certificate of completion, an order is hereby issued for the dissolution of the company.".
The judge appointed Attorney Amir Shoshani as the company's special manager, "in addition to examining the claims of the employees he represented." Regarding the appointment of a manager to examine those debts, the court appointed Attorney Dina Gan Eden Serbi as the special manager.
