Ninja member jackiechan sends us an update on the lawsuit against Kasparov mentioned below (28-12-02). (This isn't really chess news but when something new pops up we'll let you know. The future of what was the largest chess website is news.) According to a Russian news source, it seems the bank can take complete control of KCO if Kasparov doesn't come to court, but control over a closed and traffic-less website won't mean anything. It doesn't take long for people to delete their shortcuts and find new places to play and read. So uplugging the site might have been a tactic in this legal battle.
Garry's mother and personal manager, Klara Kasparova, said that Garry will be making a statement on the matter soon. I think he would love to be able to walk completely clear of KCO and start from scratch with worldchessrating.com, which has much of the old Russian KC staff and is currently only in Russian. (Full disclosure: I was supposed to be working there but after five months of delays I decided paying the rent would good!) Kasparov can probably protect the use of his name even if the bank takes over the site and company assets, so the domains kasparovchess.com and kasparov.com would not be usable if he forbids it. What a mess!