On 05/01/2013, Elbit Imaging Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.

Elbit Imaging Ltd. announced that the company received a purported class action lawsuit filed against the company in the District Court of Tel Aviv on April 11, 2013, by a holder of Series B Notes, in connection with allegations, mainly that the company failed to pay Series A and B Notes on February 2013. The plaintiff argues that the failure to pay results from the company's failure to timely identify and react to the decline in its business. The total amount claimed, if the lawsuit is certified as a class action, is estimated by the plaintiff to be approximately ILS 82 million. The personal amount claimed by the plaintiff is approximately ILS 622,000. At this preliminary stage, the company is unable to assess the lawsuit's chances of success and intends to vigorously defend against it.

Elbit Imaging Ltd. announced that, on March 3, 2013 it was informed that a purported class action lawsuit was filed on February 25, 2013 by Yuki Shemesh Ltd., in the Israeli Tel-Aviv Jaffa District Court, against Elbit Imaging Ltd., its controlling shareholders, officers and others. The complaint requests that the court recognize the lawsuit as a valid class action and alleges, among other things, that Elbit Imaging Ltd. announcements on February 5, 2013 and February 19, 2013 that it would suspend its principal and interest payments to its note holders constitutes a breach of the trust agreements relating to the company's Series A and Series B notes. The lawsuit seeks damages in the amount of ILS 240 million (approximately $64.5 million). The Company plans to defend against it vigorously.