Business insolvencies mount in Israel
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Even without official statistics, the trend on the ground is clear: more and more companies are getting into financial difficulties and turning to insolvency proceedings. Real estate companies, high-tech companies, even defense companies. No-one can evade the economic situation.
What in the past was confined to this or that sector undergoing a shake-up of its market is now everyone’s problem. Lawyers acting in insolvency proceedings tell of a growing phenomenon that has left no industry untouched.
Read more in Globes.
