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  Statute of Limit. Precedent
Representation of Shoshanim Halls, a private Israeli company, in a large claim against Israel Discount Bank Ltd. The District Court of Tel Aviv rendered a precedent judgment confirmed by the Israeli Supreme Court, whereby a bank customer may sue the bank for inappropriate charges made by the bank (including interest rates and miscellaneous fees), despite running of the statute of limitations (following more than 7 years since the cause of action first arose) and despite notices provided by the bank during the limitations period. Michael Shachor, heads a special committee of the Israeli Bar assembeled for the adaption of amendments in the Israeli Statute of limitations.
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