❝It appears that the debtor [Gruzman] is allegedly ignoring his debts, violating his commitments in the agreement, and seeking to avoid paying his debt.
Under these circumstances, delaying the debtor in Israel to ensure the repayment of his debt is proportionate and reasonable. I am convinced there is a real concern that the debtor is acting to transfer assets, and his absence from the country will significantly hinder the creditor’s ability to enforce the judgment and collect the debtor’s debt, should it be determined.❞From the Verdict in the case T”T 23-01-8803 Erekh Halvaot Ke-Halacha v. Gruzman, 24.06.23
In 2017, warning notes were filed in favor of approx. 50 Israeli buyers who were in the process of purchasing apartments. However, the delivery of the apartments did not take place. In the meantime, Excelion is attempting to sell the
In 2016, Motti Gruzman bought Höllern hotel via his company TCI, mainly financed by a mortgage from Volksbank Salzburg. In February-March 2017, he raised additional funds in Israel from lenders and apartments buyers, promising apartments delivery by the end of