Inbal Or has reached the end of the road after Tel Aviv District Court President Judge Eitan Orenstein ruled that all Inbal Or's Or City Real Estate companies are to be liquidated. Adv. Eitan Erez has been appointed as receiver for all the real estate developer's assets and liquidator for all her companies. Judge Orenstein handed down his decision in a highly detailed and long 56 page ruling. He ordered or to submit a report of all her assets and expenses and to undergo questioning to determine if she should be declared bankrupt. RELATED ARTICLES Receiver targets Inbal Or's holding in public co Inbal Or accuses employees of embezzlement Or said, "I respect the judge but I will file an appeal. I'm not innocent of errors but I think I have enough in order to pay back the money to the creditors and now all my assets are with the liquidator." Published by Globes [online], Israel business news - www.globes-online.com - on August 1, 2016 © Copyright of Globes Publisher Itonut (1983) Ltd. 2016
