Skip to main content

Court Reportedly Orders Temporary Receiver for OpenWeb

Courtroom-sketch editorial illustration of an empty desk with a laptop, lamp, notebook, plant and glass jar; archival general technology context, not OpenWeb premises, its assets or the reported court proceeding.

Tel Aviv District Court has reportedly decided to appoint a temporary receiver for Israeli technology company OpenWeb, in a development disclosed on September 30. The receiver will be selected in the coming days after secured lender Mars Growth Capital Pre-Unicorn Fund L.P. sought enforcement against the company's Israeli assets, bank accounts and intellectual property. The lender's filings put the outstanding debt at approximately $20.01 million and requested attorney Erez Haver as permanent receiver.

Sources

Secondary sources:1

Something went wrong

We couldn't complete that action. Check your connection and try again.