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IN RE AMPAL-AMERICAN ISRAEL CORP.

Case No. 12-13689 (SMB), Adv. Proc. No. 14-02110 (SMB).

543 B.R. 464 (2016)

IN RE: AMPAL-AMERICAN ISRAEL CORP., Debtor. Alex Spizz, as Chapter 7 Trustee for Ampal-American Israel Corp., Plaintiff, v. Irit Eluz, Yehuda Karni, Menahem Morag, Daniel Vaknin and Revital Degani, Defendants.

United States Bankruptcy Court, S.D. New York.

Signed January 5, 2016.

Attorney(s) appearing for the Case

Troutman Sanders LLP, Special Litigation Counsel to the Chapter 7 Trustee, The Chrysler Building, 405 Lexington Avenue, New York, NY 10174, John P. Campo, Esq., J. David Dantzler, Jr., Esq. , of Counsel.

Cole, Schotz, Meisel, Forman & Leonard, P.A., Attorneys for Defendant Irit Eluz, 900 Third Avenue, 16th Floor, New York, NY 10022, Michael D. Sirota, Esq. , Steven L. Klepper, Esq. , of Counsel.

Clarick Gueron Reisbaum LLP, Attorneys for Defendants Revital Degani, Yehuda Karni , Menahem Morag and Daniel Vaknin , 220 Fifth Avenue, 14th Floor, New York, NY 10001, Nicole Gueron, Esq. , Isaac B. Zaur, Esq. , Sarah Louise Bishop, Esq. , of Counsel

MEMORANDUM DECISION GRANTING IN PART AND DENYING IN PART MOTIONS TO DISMISS

The chapter 7 trustee (the "Trustee") of the debtor, Ampal-American Israel Corporation ("Ampal"), commenced this adversary proceeding against Irit Eluz, Ampal's former Chief Financial Officer, and Revital Degani...

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