Company: NCEL
Filing Date: 2025-09-03
Form Type: F-4/A
Source: 0001213900-25-084157
Chunk: 554

Company: NewcelX Ltd.
Filing Date: 2025-09-03
Form: F-4/A
Chunk 554
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 is applicable to the claim. If U.S. law is found to be applicable, the content of applicable U.S. law must be proved as a fact by expert witnesses which can be a time -consumingand costly process. Certain matters of procedure may also be governed by Israeli law. Subject to certain time limitations and legal procedures, Israeli courts may enforce a U.S. judgment in a civil matter which, subject to certain exceptions, is non -appealable, including judgments based upon the civil liability provisions of the Securities Act and the Exchange Act and including a monetary or compensatory judgment in a non -civilmatter, provided that: •the judgment was rendered by a court which was, according to the laws of the state of the court, competent to render the judgment; 316 •the obligation imposed by the judgment is enforceable according to the rules relating to the enforceability of judgments in Israel and the substance of the judgment is not contrary to public policy; and •the judgment is capable of being executed in the state in which it was given. Even if these conditions are met, an Israeli court may not declare a foreign civil judgment enforceable if: •the judgment was given in a state whose laws do not provide for the enforcement of judgments of Israeli courts (subject to exceptional cases); •the enforcement of the judgment is likely to prejudice the sovereignty or security of the State of Israel; •the judgment was obtained by fraud; •the opportunity given to the defendant to bring its arguments and evidence before the court was not reasonable in the opinion of the Israeli court; •the judgment was rendered by a court not competent to render it according to the laws of private international law as they apply in Israel; •the judgment is contradictory to another judgment that was given in the same matter between the same parties and that is still valid; or •at the time the action was brought in the foreign court, a lawsuit in the same matter and between the same parties was pending before a court or tribunal in Israel. If a foreign judgment is enforced by an Israeli court, it generally will be payable in Israeli currency, which can then be converted into non -Israeli currency and transferred out of Israel. The usual practice in an action before an Israeli court to recover an amount in a non -Israeli currency is for the Israeli court to issue a judgment for the equivalent amount in Israeli currency at the rate of exchange in force on the date of the judgment, but the judgment debtor may make payment in foreign currency. Pending collection, the amount of the judgment of an Israeli court stated