UPClytics

Decisions

DateCaseDivisionActionMotionOutcomeSummary
2024-02-26UPC_APP_6601/2024Court of AppealGeneric applicationmotionName.appeal_decisionProcedural onlyCourt of Appeal order declining to stay the provisional measures appeal proceedings following NanoString's insolvency (Chapter 11 bankruptcy under US law). The Court held that under R. 311(1) RoP, proceedings need not be stayed when a party is declared insolvent after the close of oral argument if the case is ready for decision, as principles of procedural economy, cost-efficiency and a fair balance between party interests (Art. 41(3) UPCA) support proceeding to judgment. US Chapter 11 proceedings qualified as insolvency under the applicable lex fori concursus.
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