The big red clock is ticking for Moti Zisser and Elbit Imaging
The property magnate has debts of NIS 5.9 billion and his ability to repay hinges on squeezing value of his diminished holdings.
"The year 2012 will be very interesting at Elbit Imaging," Moti Zisser predicted in an interview with Channel 2 television last January, following the signing of a big contract in the United States. "Tycoons are failing everywhere, and we are part of the global economy. Missteps can easily lead to undesirable consequences."