published: 30.10.2012, 14:47 | updated: 30.10.2012 14:57:45
Prague - A Prague court has launched insolvency proceedings with the Czech Social Democratic Party (CSSD) on the basis of the proposal by lawyer Zdenek Altner who demands a high compensation from the party in a lengthy legal dispute, CTK has found out in the insolvency register.
Altner has been suing the CSSD for more than ten years demanding an alleged debt of over 250 million crowns, for his successful representation of the party in its legal dispute for its lucrative seat in Lidovy dum in Prague centre.
The dispute also concerns the Cil company owned by the CSSD. Altner says the party used the company in the past to gain finances for its election campaign.
In his proposal, Altner claims that the debt, which is undoubtedly after the due date, was the sum that a court set in 2004 at 250 million crowns, including interests and other fees, Altner adds.
The CSSD has also other creditors, such as the Swiss H-Holding company, the Prague-based Alba and the members of the Fio credit union, Altner says.
In the past, Altner filed tens of lawsuits and complaints against the CSSD in the past.
In 2010, he proposed that a district court freeze the CSSD property, Cil company as well as the property of former CSSD chairman Jiri Paroubek.
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