Examples of using Kossoy in English and their translations into Hebrew
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They argue that no decision was made in Tiberias regarding Kossoy and Filco's departure from the Bank in general and in phases, but merely for the sale of certain shares, whilst Kossoy was to remain at the Bank, both as a shareholder and as a director.
CA 817/79, Kossoy v. Y.L. Feuchtwanger Bank Ltd.,
The Bank agrees that knowledge of the Elran affair gave Kossoy"added impetus" to leave the Bank, since it was evident to Kossoy that the purchase of Elran was an adventure which was likely not only to dilute the Bank's resources,
Edward Kossoy Filco Amir.
In this respect, his situation differs from that of Kossoy.
Kossoy had a general Power of attorney from Filco to act in its name.
By all this, Kossoy breached the fiduciary duty he owed as a director of the Bank.
I therefore believe that the hypothesis that Kossoy"fled for his life" in Tiberias,
At this time Kossoy was a member of the board of directors of the Bank and a shareholder in it.
Accordingly, Kossoy and Drori must compensate the Bank for the sale of Appelico's shares in the sum of $460,000.
Both Kossoy and Appelbaum continued to operate at the Bank,
and Drori and Kossoy must repay these sums to the Bank.
Kossoy and Filco both argued that it was wrong to oblige them to repay the sum of $427,000,
Kossoy was aware- following the accountant's findings- that the solvency of the Bank was in danger,
The Bank argued further that Kossoy and Filco knew that Feda,
of payment(until September 1967) and with the fact that neither Kossoy nor Appelbaum sold all of their shares in Tiberias.
Filco attempted to convince us that the evidence taken as a whole shows that at that stage Kossoy still believed that South African investors actually existed, and that the funds for the"July agreements” would be provided by them.
Kossoy himself testified that he knew that Ibicor's indebtedness to the Bank would increase by the sum required to cover the purchase price.
Within the framework of the July and September agreements, Kossoy acted in his own interests, not in good faith and for the good of the company.
Kossoy and Drori believed that the purchasers of the shares were South African investors,