Does the clock stop in insolvency?

This article was co-authored by Mololuwa Olanrewaju, trainee solicitor. Last week, the Court of Appeal handed down a decision in the case of Office Properties v Adcamp LLP [06.02.26] which dealt with adding defendants to a claim after the expiry of limitation, focussing on successor practices following insolvency. This is the latest case on the…

The oldest machine-building plant in the Urals was declared bankrupt

One of the oldest enterprises in the Chelyabinsk region, the “Kyshtym Machine-Building Association” (KAMО), was officially declared bankrupt after almost two years of litigation. At a meeting on February 10, the arbitration court of the region introduced a monitoring procedure for the enterprise. «Кыштымское машиностроительное объединение» Image source Администрация Кыштымского городского округа In the fall…