Croatia loses dispute: Entrepreneur must return S-300 or pay $200 million
5 Articles
5 Articles
The Zagreb County Court ruled that Croatia must return to entrepreneur Zvonko Zubak the S-300 anti-missile system, or US$200 million with default interest since 1997.
The verdict was passed after a dispute that lasted as long as 22 years. After 22 years, Croatia lost its legal battle with entrepreneur Zvonko Zubak, by which it was ordered to hand over the S-300 anti-missile system to him within 15 days or pay 200 million dollars, with late interest dating back to since 1997. According to information from the County Court in Zagreb, this is part of an invalid verdict that overturned an earlier decision in favo…
Referring to the decision of the County Court in Zagreb, N1 states that there has been a twist in the marathon court process between Croatia and Zvonk Zubak
The County Court in Zagreb ruled that Croatia must return to entrepreneur Zvonko Zubak the S-300 anti-missile system or 200 million US arrivals with interest accrued since 1997, N1 Zagreb learned.
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