Check Point Sued for $2 Million Over Unpaid Construction Work
Translated & summarized from Globes by baba
A contracting company, A. Sadeh Projects, is suing cybersecurity firm Check Point for 7.8 million shekels over alleged unpaid work on its Tel Aviv headquarters. The lawsuit claims Check Point failed to pay the full amount for finishing work and systems installation on the 92 million shekel project. Check Point stated they would respond through legal channels and noted a pending lawsuit against the contractor for defects, questioning the timing of this new claim.
The story in 5 lines · by baba
- A. Sadeh Projects is suing Check Point for 7.8 million shekels over unpaid construction work.
- The lawsuit concerns finishing work and systems installation at Check Point's Tel Aviv headquarters.
- The total project value was 92 million shekels, with most of the payment already made.
- Check Point questioned the timing of the lawsuit, citing a pending claim against the contractor for defects.
- The contractor alleges Check Point acted aggressively and created difficulties during the project.
A. Sadeh Projects, a contracting company, has filed a lawsuit against cybersecurity giant Check Point, seeking 7.8 million shekels (approximately $2 million) for alleged unpaid work on Check Point's Tel Aviv headquarters. The lawsuit, filed in the Tel Aviv District Court, claims that Check Point failed to make full payment for finishing work and systems installation in the company's headquarters building located on HaSolalim Street in the Bitzaron neighborhood.
The total value of the work performed was 92 million shekels, most of which Check Point has reportedly paid. The contracting company asserts it fulfilled all its contractual obligations, completed the work professionally, and is entitled to the full payment as per a prior settlement agreement. The disputed amount includes 4.2 million shekels in remaining payments, half a million shekels for additional work, plus VAT, linkage differentials, and interest.
Check Point responded by stating they would review the lawsuit and respond through appropriate channels. They also noted an existing pending lawsuit against A. Sadeh Projects concerning defects in the work performed, questioning the timing of the current claim. Maor Rot, a partner at S. Friedman, Abramzon & Co. representing A. Sadeh Projects, stated that the claims are well-founded and supported by documentation, and that the company stands by its allegations.
The project involved the construction of a new 12-story, 2,500-square-meter "green building" and renovations to an existing structure, completed in 2017. The contracting company alleges that Check Point acted aggressively throughout the project, created difficulties, and managed the project based on incomplete and frequently changing plans, leading to delays and additional costs that A. Sadeh Projects had to finance.