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May 21, 2015

HFN Represented Israel Electric Corporation (IEC) and Succeeded to Eliminate a Betterment Levy Charge of Approximately NIS 680 Million

HFN represented Israel Electric Corporation (IEC) and filed an appeal with the Compensation and Betterment Levy of the North Region Appeals Committee.  The committee canceled the betterment levy charge on the grounds of statute of limitations and laches. 

The case was led by Sharon Petel, Partner in the Real Estate Department.  

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