(1) The opening of foreign insolvency proceedings interrupts an action which is pending at the time of the opening and which concerns the insolvency estate. The interruption continues until the action is joindered by a person who, under the law of the state in which proceedings were opened, is entitled to continue the action or until the insolvency proceedings have been terminated.
(2) Subsection (1) applies accordingly if the right to manage and transfer the debtor’s assets is assigned to a provisional insolvency administrator by virtue of the ordering of preservation measures in accordance with section 343 (2).