Vlad v Lopez (No.2)

In *Vlad v Lopez (No.2)*, the applicant, Vlad, sought an extension of time to seek a review of a Registrar's decision to issue a sequestration order against him. Lopez was the respondent. The core of the dispute concerned Vlad's ability to challenge the sequestration order after the statutory time limit had expired.

The primary legal issue before the Court was whether to grant Vlad an extension of time to file an application for review of the Registrar's sequestration order. This required the Court to consider the relevant factors for granting such an extension in bankruptcy proceedings, as well as the separate, but related, question of whether the sequestration order should be annulled.

Judge Antoni Lucev considered the principles governing applications for extensions of time in bankruptcy, which include the applicant's prospects of success on the review, the reasons for the delay, and the prejudice to the respondent. The Court noted that while the applicant had a strong arguable case for annulment, the delay in seeking review was significant and unexplained. Ultimately, the Court found that the prejudice to the respondent, Lopez, outweighed the applicant's prospects of success, and therefore declined to grant the extension of time. Consequently, the application for annulment was dismissed.