New Case Law Summary – Right of First Refusal
The LMA staff has published a new case law summary analyzing the Tel Aviv District Court’s verdict in Dorlam Investments & Holdings (1999) LTD v Delek Real Estate.
The court ruled that the right of first refusal may be exercised even if the exercising party has already agreed to resell the shares. The court further analyzed the transferability of the right of first refusal. Additional details can be found in the full summary.
Read it here.