Elbit Imaging Debt Plan Passes Vote

Bondholders approve despite having to waive future claims; major creditor Bank Hapoalim not on board.

Elbit Imaging bondholders approved a debt-rescheduling plan last Thursday, the company has announced. The plan, which still requires court approval, got the nod from bondholders, despite the fact that it included a waiver of future claims and did not receive the support of major creditor Bank Hapoalim.