Bondholders who have gone unpaid by struggling Ampal-American Israel Corp. have turned to a judge for help in taking control of the company's stalled bankruptcy case, which they said is unfairly protecting Israeli billionaire Yosef A. Maiman from losing his controlling ownership in the energy and transportation holding company, Dow Jones DBR Small Cap reported today. The unsecured creditors' committee, most of whom are bondholders, wants Bankruptcy Judge Stuart M. Bernstein to let the committee's attorneys put together a plan to get the company out of chapter 11 bankruptcy protection---a plan that they say company executives have failed to make progress on since the case was filed on Aug. 29.
