Court Gives TWA Liquidators Full Access to Documents

The Tel Aviv District Court yesterday ordered TWA's management to give the airline's temporary liquidators in Israel access to all documents related to its local activities. Judge Varda Elsheich rejected the American company's argument that these documents were confidential. TWA, which has also opened bankruptcy proceedings in the United States, has many Israeli creditors, each of which claims to be owed from tens to hundreds of thousands of shekels. In addition, its Israeli employees are owed more than NIS 60 million, and a sizable sum is owed to Israeli passengers who were unable to use their tickets when the airline stopped flying.