The courts were notified today that the partners in law firm Eitan Pearl Latzer & Cohen Zedek have settled the dispute between them. The law firm is in the process of splitting up. As reported last Wednesday, head of the law firm Adv Tally Eitan petitioned for a temporary injunction against her former partners.
Eitan claimed that her four partners were attempting to marginalize her, and requested that the court prevent them from taking any decisions without her consent until the partnership was dissolved.
Eitan, a 31% partner in the firm, claimed that the partners tried to reach an agreement several months ago through Adv. Moshe Shekel. On the eve of the signing, she said, the partners refused to go through, and Adv. Doron Latzer, who was supposed to continue in partnership with her, joined the other partners instead.
Eitan claimed that her partners used their majority vote to make decisions in her absence, and against her interests. Among other things, her partners held a secret night meeting, at which she was not present, at which it was decided to strip her of her post as manager of the firm.
Following Eitan's petition, the partners accelerated their negotiations. As part of their agreement, the partners decided to divide the firm's case load between them. Eitan is demanding the division be based on each partner's percentage in the firm, and not according to who had handled them before; her claim is that her position as manager prevented her from handling cases. Last week, the other partners claimed they had offered Eitan a percentage deal, which she turned down.
The parties decided that other unresolved matters would be arbitrated by Adv. Tal Band, a senior partner at S. Horowitz and Co.
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, January 10, 2005