A lengthy application was submitted today at the Tel Aviv District Court by lawyers Amit Lederman and Dorit Karny, partners in our firm, to remove control of the MHR1 Real Estate Investments Group from the controlling shareholders and to freeze its assets.
The application claimed, inter alia, that the company had raised 330 million shekels without a prospectus, is not fulfilling its obligations, and there is need to urgently appoint a temporary trustee for the company.

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