United States Bankruptcy Court, S.D. New York January 5, 2016, Case No. 12-13689 (SMB); Adv. Proc. No. 14-02110 (SMB) (Spizz v. Eluz (In re Ampal-American Israel Corp.))

MEMORANDUM DECISION GRANTING IN PART AND DENYING IN PART MOTIONS TO DISMISS

' STUART M. BERNSTEIN, United - States Bankruptcy Judge: ■

The chapter 7 trustee (the “Trustee”) of the debtor, Ampal-Ameriean Israel Corporation (“Ampal”), commenced this adversary proceeding against Irit Eluz, Ampal’s former Chief Financial Officer, and Revital Degani, Yehuda Kami, Menahém Morag and Daniel Vaknin,