Claimant’s application for expedition of this action, with the court to give appropriate directions in support of the requested expedition. The case that is put forward in favour of expedition arises out of the fact that Elektrim, a Polish company, is presently in the process of bankruptcy proceedings in Poland and the particular type of bankruptcy proceedings in question, involve the company, through its administrator, proposing to creditors a composition under which they will be paid less than the full amount of the debt and there will be a period of postponement before they are paid that percentage of their debt.
Judges:
Morgan J
Citations:
[2008] EWHC 2187 (Ch)
Links:
Jurisdiction:
England and Wales
Insolvency, Litigation Practice
Updated: 20 August 2022; Ref: scu.396458