Court to Decide Whether Jason Levin Will Participate in Maccabi Arbitration
District Court Judge Ariel Zimmerman will determine whether shareholder Jason Levin should be a party to the arbitration in the dispute over the respective stakes in control of the Maccabi Tel Aviv basketball club. The arbitration will begin only after the court issues its decision.
Key facts
- •Court: District Court
- •Judge: Ariel Zimmerman
- •Dispute: control of the Maccabi Tel Aviv basketball club
- •Jason Levin's participation has not yet been decided
- •The case number and the exact date of the decision were not stated
The Dispute Between the Club's Owners
The dispute arose between Richard Dietz on one side and the Recanati family and Shimon Mizrahi on the other. The central question at this stage is whether Jason Levin should participate in the anticipated arbitration concerning the allocation of control over the club.
The Position of the Recanati Family and Mizrahi
The Recanati family and Shimon Mizrahi argued that Levin is a shareholder in Maccabi Tel Aviv and that Dietz himself had previously joined him to the legal proceeding that was initiated. In their view, Levin should therefore also be a party to the arbitration.
Richard Dietz's Objections
Dietz argues that these are two separate legal proceedings, which his opponents are improperly conflating. According to his account, Levin was joined to the application for an injunction only because it was intended to halt the transfer of the shares to him. Dietz also argues that the court ordered that, for the time being, the transfer be regarded as not yet completed.
What the Court Must Decide
Judge Ariel Zimmerman is required to determine whether Levin will participate in the arbitration. Once the decision is issued, the arbitration on the respective stakes in control may begin. The source does not state the case number, the date of the future decision, or its expected outcome.
What this means for you
The situation illustrates that, before arbitration begins, the court may separately determine the identities of its participants, particularly when the dispute concerns a share transfer. For individuals and companies involved in a similar corporate dispute, this means that a person's participation in a legal proceeding does not necessarily automatically determine whether that person will participate in arbitration.
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