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Elbit notes trustees look to withdraw temporary liquidator request
By Caroline Salls
Pittsburgh, May 8 - Elbit Imaging Ltd. said the trustees of its series B notes submitted a motion to the Tel Aviv District Court to remove their request for appointment of a temporary liquidator for the company, according to a news release.
The trustees did not ask the court to remove their motion to liquidate Elbit.
There are NIS 16.5 million of the series B notes outstanding, representing 0.7% of the company's total unsecured debt.
Tel Aviv-based Elbit Imaging is a holding company with activities in the fields of commercial and entertainment centers, hotels, image-guided treatment, residential real estate and fashion retail.
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