Alvarion (in Receivership) Provides Update on Company's Creditors' Plan of Settlement
November 13, 2013 at 06:05 AM EST
Alvarion (in receivership) (NASDAQ: ALVR ) announced today that the District Court of Tel Aviv – Yaffo held a hearing regarding the creditors' plan of settlement which was submitted to the Court on November 6, 2013. Under the plan, the Company's creditors will receive NIS 12.2 million of the proceeds
