What if the Israeli company entered rehabilitation rather than liquidation?

In rehabilitation proceedings under Part C of the Insolvency and Financial Rehabilitation Law 5778-2018, the goal is to restructure debts and keep the company alive rather than wind it up. A rehabilitation plan is proposed by the trustee and voted on by creditors. As a foreign creditor you have the same voting rights as Israeli creditors. If a sufficient majority approves a plan, the plan binds dissenting creditors. Read the plan carefully — rehabilitation outcomes range from a modest haircut on the debt to a near-total write-off stretched over years of instalment payments.