Banks lobby hard to defend control over ailing firms

29.05.2012                      08.Siwan. 5772                    Isru Chag

Wirtschaft:

Banks lobby hard to defend control over ailing firms

The banks have sent a battery of representatives to press their case with the committee at the two hearings held so far on the bill.

The banks are lobbying the Knesset Constitution, Law and Justice Committee to revise a proposed law that challenges the primacy of their right to repayment in the corporate recovery process….