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Stock Market & Financial Investment News

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July 11, 2013
12:17 EDTALVRAlvarion announce counrt decision not to unilaterally enforce liens
Alvarion announced that in follow-up to its earlier announcement, the District Court of Tel-Aviv Yaffo has decided not to currently honor Silicon Valley Bank's unilateral request for the enforcement of Liens and the appointment of a Receiver to enforce such Liens against the company's assets. The court has prohibited any disposition of Alvarion's assets, whether direct or indirect, until and unless the court decides otherwise.
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