Glenn Schwaber, an investor in one of the funds advised by Jerusalem Venture Partners, has sued JVP, and the prominent Israeli venture capitalist who founded it, in the Court of Chancery of Delaware, challenging transactions in which he alleges that Erel Margalit, the founder and chairman of JVP, broke the law by self-dealing.
Margalit was a member of the Knesset, representing the Labour Party, 2013 - 2017. Forbes once named him the world’s highest ranking non-American venture capitalist.
The lawsuit is brought in parallel with an arbitration action against Margalit. In both . . .
Continue Reading
Not a subscriber yet? Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
