Enforcement of the Equity Commitment
The firm represents BoatClick Digital Solutions’ former CTO, who held the role for more than three years. The claim in the Economic Division of the Tel Aviv District Court seeks enforcement of an equity commitment and allocation and registration of the shares in his name (Civil Case 16056-11-26).
The Corporate Remedies Sought
The claim alleges diversion of distribution activities to Delaware entity Deckster Genie LLC and seeks transfer of the controlling shareholders’ holdings in that entity to BoatClick. It also seeks relief against shareholder oppression and declaratory relief concerning tax losses caused by the delay in allocation.