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developing· Economy· Updated

Israeli Real Estate Developer Oren Kobi Seeks Relief from Bankruptcy Payments

Oren Kobi, a bankrupt Israeli real estate developer facing criminal charges, is seeking a reassessment of his bankruptcy payment obligations due to alleged inability to pay. He claims to have provided new financial data to his trustee, who he says is refusing to review it, and is also confident his criminal case will be dismissed.

3 newsrooms · 1 language · since

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What happened

  1. 01Oren Kobi, a bankrupt real estate developer, is seeking to revise his payment obligations.
  2. 02He claims he cannot afford the NIS 30,000 monthly payment ordered by the court.
  3. 03Kobi is also facing criminal charges for alleged fraud and defrauding creditors.
  4. 04He has shifted his business focus to international activities outside of Israeli real estate.
  5. 05Kobi believes his criminal case is weakening and he will be cleared.
Translated and summarized by baba from Ice, the latest report. Read Ice’s original

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  • ArabNone
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