According to the ruling, the current hospital management will retain authority over the hospitals affairs and an external trustee will not be appointed.
The ruling came as workers at hospitals across Israel were holding a two hour work stoppage in support of employess at Hadassah's two Jerusalem hospitals in Ein Kerem and Mount Scopus, who have received only half of their pay for January.
Tuesday's ruling, giving Haddasah temporary respite from its creditors left employees unsure whether they would receive their pay, or lose some benefits from their 2011 collective agreement with the Israel Medical Association (IMA).