Spectator on facebook

Spectator on facebook

BUSINESS IN SHORT

SPP wins lawsuit over bill of exchange

THE GAS company Slovenský Plynárenský Priemysel (SPP) has won litigation in which it disputed the validity of a Sk400-million bill of exchange presented by the Orava-based company Draft-ova, the SITA newswire wrote on January 29.

THE GAS company Slovenský Plynárenský Priemysel (SPP) has won litigation in which it disputed the validity of a Sk400-million bill of exchange presented by the Orava-based company Draft-ova, the SITA newswire wrote on January 29.

The bill of exchange was signed by the late former SPP Director Ján Ducký in 1998. The Regional Court in Bratislava, acting as an appellate court in this instance, confirmed the verdict issued by the Bratislava V District Court, which found the bill of exchange invalid on May 21 of last year and canceled the payment order for it.

The bill of exchange was invalid because its maturity is subject to the statute of limitations, but was undated. This decision is final and cannot be appealed. The plaintiff, the company Draft-ova, had appealed the Bratislava V District Court's verdict. According to its legal representative, the decision of the court of first instance was incorrect, and the company demanded that the bill of exchange in question be acknowledged as valid. They also demanded repayment of court costs.

The so-called Ján Ducký Bills of Exchange, amounting to Sk1.4 billion, were supposed to have been signed by Ducký, who was shot and killed in front of his house in Bratislava in January, 1999. He served as economy minister in two governments under Vladimír Mečiar between 1992 and 1998.

The processing of personal data is subject to our Privacy Policy and the Cookie Policy. Before submitting your e-mail address, please make sure to acquaint yourself with these documents.

Top stories

People marched for LGBTI rights in Bratislava

Take a look at the Bratislava Rainbow Pride 2018 that took place on Saturday, July 14.

First Slovak LGBTI activist has fought for 40 years

Czechoslovakia was one of the first countries to say homosexuality is not a crime, also thanks to the first activists like Imrich Matyáš.

Imrich Matyáš (r) met with German publicist and lawyer Kurt Hiller (second r) in Ľubochňa in 1935.

Our union is based on joint enlightenment values

France and Slovakia: a centennial union serving the revival of Europe through the path of law and values

Babis, Macron, Pellegrini.

Measles might spread further west

Police will assist the vaccination in communities from where the epidemic spread.