(JTA) — A company partly owned by a Ukrainian-Jewish businessman being sued said it will remove “World Chabad” from the name of an affiliated entity.
Attorneys for Alfa Bank, alleging in a lawsuit that Alexander Granovsky defaulted on a loan, wrote to Chabad headquarters in New York last month asking the movement to clarify whether it was affiliated with Granovsky or his businesses.
Lipa-Meir, the Israeli law firm representing Alfa Bank, named in its March 8 letter Israel Jossef Schneorson, an officer at BSD-Crown, a company in which Granovsky is the majority stakeholder, as claiming an affiliation to Chabad.
A BSD-Crown filing last …read more
Source: JTA