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Government launches "Web bankruptcies" project

ZAGREB, Jan 19 (Hina) - The project "High Commercial Court of the Republic of Croatia - Web Bankruptcies", aimed at ensuring full transparency of bankruptcy proceedings and offering potential buyers in Croatia and abroad simple access to information on assets to be sold, was launched by the government on Friday.
ZAGREB, Jan 19 (Hina) - The project "High Commercial Court of the Republic of Croatia - Web Bankruptcies", aimed at ensuring full transparency of bankruptcy proceedings and offering potential buyers in Croatia and abroad simple access to information on assets to be sold, was launched by the government on Friday.

The on-line Croatian-English project follows bankruptcy proceedings that are underway before commercial courts in the country.

The web page offers information on bankruptcy regulations, judges and bankruptcy commissioners, photos, registered land certificates and estimated value of assets to be sold.

Justice Minister Ana Lovrin said that this was yet another step in the reform of the judiciary and prevention of corruption.

Lovrin said that the project had been implemented by the Justice Ministry and the NGO "Sudacka mreza" (Judges Network) and that it had been financed entirely by foreign donations.

High Commercial Court president Srdjan Simac said that this was a unique project in the world, entirely devised and implemented by domestic experts.

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