Presentation of the Web Bankruptcy Project

dnevnik_stecaj_19012007.jpgThe project "High Commercial Court of the Republic of Croatia - Web Bankruptcy" was presented in the Government today. The project should ensure complete transparency of bankruptcy procedures and allow potential buyers in Croatia and abroad simple access to information on bankruptcy assets offered for sale.

The project concerns a specialized bilingual (Croatian and English) web page which follows bankruptcy procedures led before all commercial courts in the country.

The web page, inter alia, offers an overview of bankruptcy regulations, information on bankruptcy judges and trustees as well as photographs, land registry excerpts and value estimates of the assets sold in bankruptcy proceedings.

The Minister of Justice Ana Lovrin stated that this is another step in judicial reform and prevention of corruption through establishing a more efficient and transparent public administration.

She emphasized that the project was realized in cooperation between the Ministry and the non¬governmental association Judge's Web and that it did not burden the state budget since all the costs have fully been covered by foreign donations.

The President of the High Commercial Court of the Republic of Croatia Srdan Simac pointed out that this is "a world unique project fully envisioned and implemented by domestic intelligence".

Simac expects that the presented web page will facilitate the sale of bankruptcy assets for which, in his opinion, there will be more potential buyers than now.

The idea for the project came from the judge of the High Commercial Court Mario Vukelic and the project was technically implemented by Judge's Web.

Dnevnik, 19.01.2007.
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