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Andrejic & Partners Assists Michael David Greenfield's Insolvency Trustee in EGFE Hungary Takeover

Andrejic & Partners Assists Michael David Greenfield's Insolvency Trustee in EGFE Hungary Takeover

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Andrejic & Partners has assisted Israel-based attorney Lior Dagan as the insolvency trustee appointed to Michael David Greenfield in the takeover process of EGFE Hungary.

According to Andrejic & Partners, “Michael David Greenfield, aka Michael Ben-Ari, has been suspected of the largest Ponzi scheme ever in Israel, with over USD 150 million in investor damages. The countries that he allegedly funneled money to included the USA, Hungary, Serbia, Montenegro, and many others. The case is still ongoing, albeit the EGFE Hungary takeover process has been completed.”

According to Seiden Legal, which represents court-appointed trustee Lior Dagan in the US, Greenfield is accused of defrauding hundreds of people in a 15-year-long scheme.

Andrejic & Partners' team included Partner Aleksandar Andrejic and Associate Sofija Stefanovic.

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Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

Firm's website: https://www.kinstellar.com/

 

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