Former Bank Hapoalim chairman, Dani Dankner, signed a guarantee for the real estate company Lee Marshall in a partnership deal. However, relations between the parties have soured, leading to a court battle. Following claims of a 3.1 million shekel debt, Dankner is now being sued to fulfill the guarantee. Dankner has dismissed the lawsuit as "frivolous." The Tel Aviv District Court issued a temporary seizure order on the accounts and funds of Lee Marshall, its owner Shai Nissim, and Dankner himself. This action follows a complaint filed by the development company A.A (1999), which specializes in urban renewal. The case highlights the financial and legal challenges in the Israeli real estate sector, as well as the risks associated with personal guarantees in business transactions.
