The Svatopluk housing association is to pay the bankruptcy trustee 18.2 million, the Prague District Court has ruled iROZHLAS
Bankruptcy trustee Josef Monsport sued the cooperative over payment of 22 million crowns for rent for apartments and land. Now the cooperative has to pay H-System 18.2 million crowns with interest on rental apartment buildings in Horoměřice near Prague in the years 2016 to 2018. The District Court for Prague-West ruled on Tuesday, the verdict is not final.
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The court unjustifiably awarded Monsport a million crowns for land under terraced houses last autumn. For eight houses, in which there are about 60 flats, which were the subject of today’s meeting, Monsport demands about 21 million crowns.
The court adjourned the hearing in the dispute over the rent for the houses after the H-System, the cooperative will submit further evidence of the property
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According to today’s verdict, the cooperative must also reimburse Monsport for the costs of the proceedings; it must also pay more than 900,000 crowns to the district court as a court fee.
After its establishment in 1993, H-System concluded contracts with hundreds of interested parties for the construction and transfer of flats and houses in the vicinity of Prague. In the fall of 1997, it went bankrupt, completing only 34 family houses. A thousand people lost a total of a billion crowns after the fall of the H-System. Majority shareholder Petr Smetka spent 12 years in prison for tunneling the company.
The situation of Svatopluk members is specific in that they arrived at the flats at their own expense, but without the consent of the bankruptcy court. According to the chairman of the cooperative, Martin Junek, however, the people had the consent of the former bankruptcy administrator. According to him, the consent of the bankruptcy court was not needed at that time.
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