1)

All pledges and collaterals created over any property or rights of the Company during the (3) three months preceding the date of the issuance of the liquidation decision shall be null and void. Such period shall be one year if the pledges or collaterals are in favor of a Person who is related to, or affiliated with the Company.

2)

Any attachment over any of the Company’s property or right before the issuance of the liquidation decision shall be null, unless this decision is issued based on a pledgee’s request and is related to the pledged property.