Our firm represents a publicly traded manufacture of advanced laser equipment, which had been sued before the Central District Court for claims arising from alleged misrepresentations and breaches of contract. A co-defendant in the action (which had been in privity of contract with the plaintiff) is an unrelated corporation, and it provided training and instructions concerning the use of our client's equipment.
Eric Sherby has been appointed by the International Section of the American Bar Association to serve as Co-Chair of the third annual Joint Conference with the Israeli Bar Association, to take place in Eilat, Israel, May 20, 24, 2012.
Eric Sherby has been appointed as (sole) arbitrator in connection with a dispute arising from the sale of interests (approximately 35 million Euros) in a European petrochemical company. The appointment was made by the Arbitration Institute of the Israeli Bar Association.
Our firm has been retained to file an appeal before the Israeli Supreme Court of a decision by a district court denying a motion by shareholders of an Israeli-based corporation (not incorporated in Israel) to certify their claim as a derivative one.
Our firm represents a New York-based private equity firm that is a secured creditor of an Israeli high-tech company (publicly traded in the US). The Israeli company had filed a motion with an Israeli district court, seeking confirmation of a plan of reorganization. Even though the company represented to our client that in excess of eighty percent of the secured creditors were in favor of the plan, the New York firm retained our firm to file a formal opposition. On May 19, the district court rejected the proposed creditors’ plan.
A copy can be accessed by clicking here. (Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through – Arbitration 2011, (published in March 2011; contributing editors: Gerhard Wegen and Stephan Wilske). For further information please visit www.GettingTheDealThrough.com.
The Business Law Section of the American Bar Association, in its magazine Business Law Today, features as its lead article Eric Sherby's “A Checklist for Drafting an International Arbitration Clause.”
Two publications of the American Bar Association's Section of Litigation – the Litigation News, and the International Litigation Quarterly – have simultaneously published Eric Sherby's article entitled “Drafting Fee Agreements for International Cases.”
Eric Sherby will be among the speakers at the upcoming American Bar Association (International Section) conference, to be held in conjunction with the annual meeting of the Israeli Bar Association in Eilat.
The Tel Aviv District Court has appointed Eric Sherby as the temporary receiver over an Israeli diamond company that owes in excess of $3 million to an American client of our firm.
The Tel Aviv Magistrates Court has appointed Eric Sherby to supervise the process of obtaining evidence from an Israeli witness for use in a derivative action pending before a state court in North Carolina.