{"id":569,"date":"2018-05-07T18:35:57","date_gmt":"2018-05-07T18:35:57","guid":{"rendered":"https:\/\/hrbusinessmonitor.eu\/?p=569"},"modified":"2018-05-25T19:12:24","modified_gmt":"2018-05-25T19:12:24","slug":"tuesday-is-d-day-for-lex-agrokor","status":"publish","type":"post","link":"https:\/\/hrbusinessmonitor.eu\/index.php\/2018\/05\/07\/tuesday-is-d-day-for-lex-agrokor\/","title":{"rendered":"Tuesday is D-Day for Lex Agrokor"},"content":{"rendered":"

\"\"The Croatian Constitutional Court is expected<\/a> to publish its ruling on Lex Agrokor tomorrow, Tuesday, 08 May 2018. The Law (on Special Administration in Companies of Systemic Importance for the Republic of Croatia, commonly known as Lex Agrokor), was adopted by the Parliament on 06 April, 2017. The Law defines strategic companies as those employing more than 5,000 workers and having liabilities exceeding Kn 7.5 billion (EUR 1 billion).<\/p>\n

The law also defines the roles of the court (Commercial Court in Zagreb) the special administrator, the advisory body and the council of creditors. The aim of the process is to reach an agreement with the creditors on how the company is to function further.
\nThe Special Administrator is nominated by the Government but appointed by the Commercial Court in Zagreb (C. regardless of where the company seat is, the court is always the one in Zagreb), on request of the owner, or on request of the creditors but with owner\u2019s consent.
\nThe only company so far to come under the law is Agrokor (C. when the Law was first announced Agrokor was the only holding company fitting the legal description of employing more than 15,000 workers as initially proposed by the Government. Hence the name.).
\nThe Government thinks the Law is, of course, in line with the Constitution. But almost immediately after the Law was adopted in the Parliament, several constitutional complaints came in. The first one was filed only four days after adoption, by a media analyst and a legal scholar Vojkovi\u0107, who thinks the Law violates equality of enterprises before the law. Ivica Todori\u0107, the former owner of Agrokor, also filed a complaint with the Constitutional Court, claiming violations of his constitutional and human rights.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Croatian Constitutional Court is expected to publish its ruling on Lex Agrokor tomorrow, Tuesday, 08 May 2018. The Law (on Special Administration in Companies of Systemic Importance for the Republic of Croatia, commonly known as Lex Agrokor), was adopted by the Parliament on 06 April, 2017. The Law defines strategic companies as those employing […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/posts\/569"}],"collection":[{"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/comments?post=569"}],"version-history":[{"count":13,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/posts\/569\/revisions"}],"predecessor-version":[{"id":593,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/posts\/569\/revisions\/593"}],"wp:attachment":[{"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/media?parent=569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/categories?post=569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hrbusinessmonitor.eu\/index.php\/wp-json\/wp\/v2\/tags?post=569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}