502 IN 124/03•German insolvency proceedings discontinued in favor of Leeds administration order
502 IN 124/03Tribunal de première instance7 avr. 2004Droit de l'insolvabilitéAutre
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By order of 7 April 2004, the Düsseldorf Local Court discontinued the proceedings under Art. 102 § 4(1), first sentence, EGInsO in favor of an administration order issued by the High Court of Justice in Leeds on 16 May 2003. The Leeds order was identified as case No. 861 TO 876 OF 2003. The court’s operative ruling records the discontinuance in favor of that foreign order.
Art. 102 § 4 Abs. 1 Satz 1 EGInsO; discontinuance of proceedings in favor of a foreign administration order. The provision permits proceedings to be discontinued in favor of the opening of foreign insolvency proceedings where its statutory conditions are met. The decision applies that mechanism by giving priority to the identified Leeds administration order and terminating the domestic proceedings in its favor.
Entscheidungsdatum: 2004-04-07
Aktenzeichen: 502 IN 124/03
ECLI: ECLI:DE:AGD:2004:0407.502IN124.03.00
Dokumenttyp: Beschluss
Spruchkörper: Abteilung 502
wird das Verfahren gemäß Art. 102 § 4 Abs. 1 Satz 1 EGInsO zugunsten der Verfahrenseröffnung (Administration Order) vom 16.05.2003 vor dem High Court of Justice in Leeds (AZ.: NO 861 TO 876 OF 2003) eingestellt.
Whether to discontinue the proceedings in favor of the Leeds administration order under Art. 102 § 4(1), first sentence, EGInsO.
The proceedings are discontinued in favor of the administration order.
The court ordered discontinuance under the cited provision in favor of the foreign administration order.
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