Panda Trading Systems Faces Court-Ordered Forced Sale

Fxnewsgroup March 13, 2025

Internet | March 12, 2025 – Israeli news outlet TheMarker has reported that Panda Trading Systems, a provider of technology solutions for Forex and CFD brokers, is facing a court-ordered forced sale due to a longstanding dispute between its co-founders.

Key Developments in the Legal Dispute

✔ Founders’ Conflict: Co-founders Maor Lahav and Shmuel Gutman, who each own 50% of the company, have been locked in a management dispute for over five years.
✔ Court Ruling: Judge Dr. Muhammad Ali of the Haifa District Court ruled that the disagreement is irreconcilable and granted Gutman’s request for a supervised sale of the company to an external buyer.
✔ Administrator Appointment: The court has appointed accountant Yair Shilhav to oversee the sale and submit a structured plan for approval.
✔ Founder Exclusion: As part of the ruling, Maor Lahav has been removed from Panda’s board, lost access to internal systems and company data, and is prohibited from sharing any business-related information with third parties during the sale process.

Impact on Panda Trading Systems and Industry

✔ The forced sale of Panda Trading Systems may disrupt operations for its clients and partners in the online trading industry.
✔ The ruling underscores the importance of conflict resolution mechanisms in co-founder agreements, particularly in companies where ownership is equally divided.

As Panda Trading Systems moves toward a court-supervised acquisition, the future of the company remains uncertain. Industry observers will be watching closely to see how this legal battle impacts technology providers in the trading sector.