"Insolvency procedures in Israel" by Eitan S. EREZ.

Israel, which was only founded in 1948, is considered to be an island of relative economic stability in the Middle East. With 8 million citizens, the annual per capita income is high ($32,000 per annum) – 31st in the world. For comparison, Egypt, Israel’s neighbour, with 82 million citizens, has an annual per capita income of only...