By publishing on the internet this specialized web page about bankruptcy and sale of assets in bankruptcy procedure provides better data accessibility to general public and to all parties involved in the process, and increases a number of potential buyers of bankruptcy assets.
Sale of assets in bankruptcy procedure up to recently was mostly
announced only in daily newspapers. Information regarding sale of assets shared
same destiny (were in the same boat) of daily news - they lasted one day and
often didn’t come to larger number of potential buyers.These web pages provide
in one place entire review of assets on sale in all bankruptcy procedures in
Croatia.
With these web pages, relevant data is constantly available to everybody.
The search engine enables data to be searched by type and value, seller,
geographic area of item on sale, as well as by court which is proceeding.
Along with original public notice text, this web page also publishes additional documents such as: drawings, photographs, evaluation of assets, court expert report, etc. Search engine is also linked with land-registry, cadastre and court registry, and data about court and bankruptcy trustees who are proceeding. This is the first bankruptcy ‘one stop web-shop’, because potential buyer can get all relevant data (listed below) in one place, in real time and from reliable sources:
Web also includes general information about commercial court
procedure and bankruptcy; bankruptcy law and other relevant law text as well as
expert works.
By choosing “Judical practice” from the menu, one can find a complete
systemized review of judicial practice regarding bankruptcy procedures from
1994 up today, published by High Commercial court. Announcement of judicial
practice regarding bankruptcy procedure before the commercial court of First
Instance, as well as court practice published on Judge’s web portal can also be
found.
Providing information via internet about certain legal issues in specific case
which is already settled is crucial for the process of restoring general
public’s confidence in judiciary and for legal profession a basic presumption
of legal practice standardization.
We also publishe a list of Bankruptcy Trustees and short CVs containing working experience, education and expert specialization.
All information on this web, including announcement of public notice for sale of assets are free of charge, and web pages are open for cooperation. With this web we would like to make contribution in quality of adjudication process and accomplish in practice proclaimed principles for information availability and transparency of judicial proceedings.
| author and editor Mario Vukelić, LLB, BA in Economics Judge to the High Commercial Court of the Republic of Croatia |