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bankruptcy

צוות OpenWeb
From $1.5B valuation to insolvency: Israeli unicorn OpenWeb seeks court protection
Company says Microsoft cut ties, a lender froze $7.3 million in overseas accounts and demanded immediate repayment of $20 million, derailing a planned $14 million rescue; OpenWeb says employees have been paid and the platform remains operational
Meir Orbach, Calcalist | 10.01.26
אילוסטרציה
Why Israel is closing an elderly woman’s 21 million-shekel debt case
Jerusalem registrar says 73-year-old cancer patient should be allowed to focus her limited resources on potentially life-saving treatment after most creditors failed to object
Lital Dubrovitsky | 07.09.26
טסלה מודל Y
Judge rules man NIS 1 million in debt must give up his Tesla: 'He can make do with public transit'
A judge rejected a man’s request to keep paying thousands of shekels a month for a luxury Tesla while in insolvency proceedings over roughly NIS 1 million in debt, saying his household can make do with a modest car or public transit
Lital Dubrovitsky | 12.11.25
מייסדי סלינה
Selina Networks files for bankruptcy amid financial turmoil
Facing significant losses, Selina hostel chain informs US authorities all options exhausted, insolvency can no longer be avoided; ‘We have gone through tough times, from COVID-19 to the war in Israel,’ Selina founder Rafi Museri tells Ynet
Navit Zomer | 07.23.24
אדם נוימן
WeWork founder Adam Neumann drops bid to reclaim control
Ousted founder's $500 million offer to save company from bankruptcy isn't sitting well with current management, who have their own plan; 'Company seems set on an unrealistic plan with slim chances of success,' he says
Calcalist | 05.29.24
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