Tel Aviv District Court Judge Varda Alshech yesterday rejected a deal that would have exempted former Clubmarket owners from future lawsuits.
Alshech rejected an arrangement reached with the Mozes-Boroviches-Rosen group, in which the former owners of the defunct supermarket chain would have paid suppliers NIS 15 million in return for the exemption. In her rejection of the suppliers' request to convene a meeting to approve the deal, Alshech said the process didn't include all the creditors.
The former owners declared that "the agreement was a goodwill gesture toward suppliers to limit their damages as the result of the chain's collapse. It does not include any admission of liability."
The petition did not mention the investigation into the supermarket's collapse.
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