Corporate & Business

Can a foreign creditor file for insolvency against an Israeli company?

Q: Can a foreign creditor file for insolvency against an Israeli company?

Yes. Foreign creditors with a debt owed by an Israeli company can petition the Israeli court for an insolvency order. The creditor must demonstrate that a debt is owed, that it is due and unpaid, and that the company is insolvent or unable to pay its debts.

      Yes. Foreign creditors with a debt owed by an Israeli company can petition the Israeli court for an insolvency order. The creditor must demonstrate that a debt is owed, that it is due and unpaid, and that the company is insolvent or unable to pay its debts.
    

From the full guide: Insolvency & Liquidation in Israel: Process, Options & Creditor Rights

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Can a foreign creditor file for insolvency against an Israeli company?

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