Insolvency order towards Nochi Dankner | Israel Times

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The Pass judgement on of the Tel Aviv–Yaffo Magistrates Courtroom, Nurit Tabiv Mizrahi, accredited closing week the banks’ request and issued an reliable order to open insolvency complaints towards the businessman and previous controlling shareholder of the IDB Workforce, Nochi Dankner. The order was once given with the consent of the events and after Dankner introduced throughout the listening to that he does now not contest the real debt to the banking device and has the same opinion to the transfer.

The request to open complaints was once submitted this previous April via Financial institution Leumi, Financial institution Hapoalim, Mizrahi Tefahot, and Financial institution Bargain, who claimed that Dankner violated his commitments time after time and asked postponements for the unique debt agreement signed with him in 2016. As a part of the continuing, the debt agreement was once hooked up to the lawsuit along 5 addenda and amendments signed through the years, the most recent of which is from December 2025. In his reliable reaction, Dankner, these days 71 years previous, famous that he’s not ready to fulfill the reimbursement agenda set after having exhausted his functions and working for approximately a decade to pay the money owed.

Throughout the listening to, Dankner addressed the courtroom and stated that he has all the time revered judicial choices: “I have been in insolvency for ten years or more, and after an order is given I will respect it. I always did my best, including in liquidating the residential home, and unfortunately it did not succeed. I gave everything I have and even now I am willing to give everything I have.” Dankner added throughout the listening to that he has thrown up his fingers and desires to succeed in a discharge of money owed as temporarily as conceivable.

Dankner’s lawyer, Shalom Goldblatt, asked from the courtroom {that a} time frame be granted previous to the appointment of the trustee to be able to permit the events to habits contacts and communicate with every different. Atty. Ronen Matri, representing Financial institution Leumi, famous that the candidates comply with granting a duration of thirty days till the appointment of the trustee. The pass judgement on dominated in her choice that with the issuance of the order, the Insolvency Commissioner will probably be accountable for managing the complaints, and that the requests in regards to the appointment of the trustee and this time period will probably be directed immediately to the Commissioner. Additionally joined to the continuing was once Aryeh Rahav, represented via Atty. Sinai Elias, as a consultant plaintiff in a category motion lawsuit being performed towards Dankner within the District Courtroom.

Dankner, who prior to now was once regarded as the most powerful guy within the Israeli economic system, amassed large money owed of roughly NIS 500 million thru his non-public corporations “Gandan” and “Tomahawk”. All the way through the previous decade, he insisted on now not mentioning chapter and attempted to pay off the debt over an extended extension.

To this point, Dankner controlled to go back a cumulative quantity of roughly NIS 110 million, however the overwhelming majority of the debt has now not but been repaid.

In line with the request, the primary distribution of money owed stands at:

Financial institution Hapoalim: Roughly NIS 175 million.Financial institution Leumi: Roughly NIS 162 million.Financial institution Bargain: Roughly NIS 119 million.Mizrahi Tefahot: Roughly NIS 90 million.

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