Three apartment buyers in an urban renewal project in Bat Yam are petitioning the court to cancel their purchase agreements and enforce the sale law guarantees they received from Bank Hapoalim, which is financing the project. The developer has faced financial difficulties, halting construction. The buyers argue they should not be forced to wait years for the project's completion by a court-appointed receiver. They claim that rejecting their request would render the sale law's protection meaningless, even when a bank backs the project. Bank Hapoalim disputes the facts as presented in the lawsuit. The buyers criticize the banking system and express frustration over the perceived ineffectiveness of bank guarantees and the judicial system in such cases.
