Better Place lost $459M on $6.9M in sales last year; cumulative losses of $812M
Green Car Congress
MAY 28, 2013
Under the Liquidation Petition filed in Israel on Sunday, Better Place listed assets of $9.5 PrivCo CEO and Corporate Lawyer Sam Hamadeh explained that the Israeli insolvency regime is based on the Companies Ordinance (New Version) 5743-1983, the Companies Regulations (Liquidation) 5477–1987, and the Bankruptcy Ordinance of 1980.
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