Israel Credit Lines' Nine-year Bankruptcy Case Could Finally Be Nearing Its End

Draft agreement provides for a NIS 60 million settlement between the receivers and the company’s investors, who include the Livnat family and Haim Tsuff.

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Major Israeli oil and natural gas exploration investors neared a NIS 60 million settlement this week that, if signed, should end their legal exposure in the liquidation proceedings for Israel Credit Lines, a...