Latest Elbit Imaging Ltd. Stories

TEL AVIV, Israel, May 22, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's announcement dated May 9, 2013 that it had filed a motion with the Tel Aviv District Court (the "Court") to convene meetings of its unsecured creditors and shareholders for the approval of the proposed restructuring of the Company's unsecured financial debt pursuant to a plan of arrangement (the "Arrangement") under Section...

TEL AVIV, Israel, May 21, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's announcement dated March 20, 2013, that it has received a notice from Bank Leumi le-Israel B.M. (the "Bank"), which the Company vigorously reject, stating that the Bank plans to exercise its rights to withdraw the securities deposited by the Company in its securities accounts with the Bank as security for the Company's...

TEL-AVIV, Israel, May 14, 2013 /PRNewswire/ -- Elbit Imaging Ltd. (Nasdaq: EMITF), today announced that its annual report on Form 20-F for the year ended December 31, 2012, as filed with the U.S. Securities and Exchange Commission on May 14, 2013 is available through its website at: http://www.elbitimaging.com under: "Investor Relations - Financial Reports - 2013 - 20F/Form 2012".  Shareholders may receive a hard copy of the annual report free of charge upon request. This press release is...

TEL AVIV, Israel, April 7, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to the Company's announcement dated February 28, 2013, that Europe Israel (MMS) Ltd. ("Europe Israel") has notified the Company of the cancellation of the temporary foreclosure proceedings. At the consent of the parties to the above proceedings, Bank Hapoalim B.M. (the "Bank"), Mr. Mordechay Zisser and Europe Israel, the Tel Aviv District Court (the...

TEL AVIV, Israel, April 4, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that the Trustees of Series B Notes, which represent an outstanding balance amount of NIS 16.5 million (pari) (approximately 0.7% of the total unsecured debt of the Company), have submitted with the Tel Aviv District Court a request to liquidate and appointment of a temporary liquidator for the Company. The Tel Aviv District Court requested the...

TEL AVIV, Israel, March 20, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that it has received a letter from Bank Leumi le-Israel B.M. (the "Bank") demanding repayment within ten days of the outstanding balance of approximately $14.1 million (approximately NIS 52 million) due primarily under the loans made by the Bank to the Company (the "Loans"). The Bank stated that it was taking this action in light of the Company's...

TEL AVIV, Israel, March 4, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that, on March 3, 2013 it was informed that a purported class action lawsuit was filed on February 25, 2013 by Yuki Shemesh Ltd., one of the Company's note holders, in the Israeli Tel-Aviv Jaffa District Court, against the Company, its controlling shareholders, officers and others. The complaint requests that the court recognize the lawsuit as a...

TEL AVIV, Israel, February 19, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, further to its announcement dated February 5, 2013, that its Board of Directors had decided, after assessment of the Company's current situation, taking into account the needs of the Company, the complexity of the negotiation process in reaching an agreement with all the relevant parties about a possible restructuring, and the divergent...

TEL AVIV, Israel, February 18, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("Elbit" or the "Company") (TASE, NASDAQ: EMITF) announced today, that it is in negotiations with two of its major note-holders (the "Major Noteholders") and Europe Israel (MMS) Ltd ("Europe Israel"), the Company's majority shareholder, with respect to a possible restructuring of the debt of the Company in order to strengthen the Company's financial condition. The terms of a possible restructuring have not...

TEL AVIV, Israel, February 5, 2013 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today, that Standard & Poor's Maalot, has decided to change the rating of all of the Company's Series A through Series G Notes and Series 1 Notes, which are traded on the Tel Aviv Stock Exchange, from an "'ilB/Negative" credit rating, to an "'ilCC/Watch Negative' credit rating on credit watch. About Elbit Imaging Ltd. Elbit Imaging...