The Billion Dollar Conflict in the Genesis Tower: Electra and the Developers Go Head to Head

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Electra Construction and the developers of the "Bereshit" project in the Bavli neighborhood have filed mutual claims for arbitration • The construction company Electra is suing for approximately NIS 270 million for delays in payments and the consequences of the fire in the building • On the other hand, the "Bereshit Daniel Towers" company of the Kozhinoff family is suing for up to NIS 1 billion • The flagship project is suffering from a series o…