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Coalition says it has new idea for handling Tipos lottery case

After its meeting on the evening of May 2 Slovakia’s ruling coalition said that it has developed a new way to resolve issues surrounding the legal problems of Tipos, the national lottery, the TASR newswire reported. "It will be examined to see whether it's possible at all," the chairman of Most-Híd party, Béla Bugár, told TASR while not providing any further details. He explained that the coalition wants to take steps to ensure that the Slovak state and taxpayers do not lose further millions of euros in this case. One of the possibilities is to turn to the Constitutional Court, he said. The Supreme Court on Friday, April 29 announced that Tipos had accepted a verdict in which Tipos was ordered to pay €14.122 million to Cypriot company Lemikon. The verdict was to become valid on May 2. However, Tipos announced that it would file a constitutional appeal against the ruling by the Supreme Court in November 2010. The Supreme Court's verdict found that Tipos had infringed on the know-how and used trademarks of the Czech betting company Sportka.

After its meeting on the evening of May 2 Slovakia’s ruling coalition said that it has developed a new way to resolve issues surrounding the legal problems of Tipos, the national lottery, the TASR newswire reported.

"It will be examined to see whether it's possible at all," the chairman of Most-Híd party, Béla Bugár, told TASR while not providing any further details. He explained that the coalition wants to take steps to ensure that the Slovak state and taxpayers do not lose further millions of euros in this case. One of the possibilities is to turn to the Constitutional Court, he said.

The Supreme Court on Friday, April 29 announced that Tipos had accepted a verdict in which Tipos was ordered to pay €14.122 million to Cypriot company Lemikon. The verdict was to become valid on May 2. However, Tipos announced that it would file a constitutional appeal against the ruling by the Supreme Court in November 2010. The Supreme Court's verdict found that Tipos had infringed on the know-how and used trademarks of the Czech betting company Sportka.

Tipos said it found the rationale attached to the ruling faulty and questionable under the Slovak Constitution. The company has also gone to the courts to seek protection from its creditors via restructuring.

Source: TASR

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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