Economy · Full coverage
Israeli Supreme Court Rejects Gindi Appeal in 800 Million Shekel Dispute Over Golden Mall
How 2 Israeli newsrooms covered this story — translated into English and compared side by side.
Unrated 2
First reported by Calcalist · 4 hours ago
What happened
The Israeli Supreme Court rejected an 800 million shekel appeal by the Gindi family against Migdal over a food market dispute in Golden Mall, upholding a lower court ruling. Migdal recently acquired the Gindi family's stake in the mall for 840 million shekels, ending a decade-long conflict.
- 01Israeli Supreme Court rejected Gindi family's 800 million shekel appeal against Migdal.
- 02Court upheld that Gindi could not open a food market in Golden Mall without Migdal's consent.
- 03Migdal's claim that agreement did not allow food market was confirmed by the court.
- 04Luxury Apartments' obligation to pay Migdal lost rental income was canceled.
- 05Migdal bought Gindi's 25% stake in Golden Mall for about 840 million shekels last month.
- 06Golden Mall was originally founded by the Gindi brothers in the early 1990s.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
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