This Novalpina thing has been creating a lot of drama in the past few weeks. It turns out 1) The purchase was done as a leveraged purchase, very odd in the Isr

This Novalpina thing has been creating a lot of drama in the past few weeks. It turns out 1) The purchase was done as a leveraged purchase, very odd in the Israeli high tech/startup world. maybe even unprecedented. NSO is about to default on said debt 2) Novalpina are now at odds with Hulio, blaming him on trying to move all of the debt to 3 of the companies "healthy" subsidiaries. Apparently NSO is built like a maze, with lots of smaller companies, some of those aren't on the US ban list, and Hulio is trying to move all of the debt to them. The Israeli courts are now in the mix, trying to figure out who owns what Unfortunately I couldn't find an article in english, but here is one in Hebrew with the ability to Google Translate https://www.calcalist.co.il/local_news/article/rksf58atf https://www.calcalist.co.il/local_news/article/rksf58atf