INA-MOL Dispute
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INA-MOL Dispute
The INA-MOL dispute was a dispute between the government of Croatia and MOL Plc., as to the management rights of INA d.d. MOL held the controlling interest in the company, while Croatian representatives maintained this controlling share was obtained illegally, through the bribery of the former Croatian prime minister Ivo Sanader. The dispute was brought before the United Nations Commission on International Trade Law, with the UNCITRAL ruling in favor of MOL. This prompted the Croatian government to shift their focus from proving the controlling share was obtained illegally, to buying out a majority share in INA d.d. Background Following the declaration of independence of Croatia, the country began a number of privatization initiatives, intending to shift from socialist economics to economic liberalism. The sale of INA d.d. shares to MOL Plc. and other buyers was part of this privatization process. The first public sale of INA d.d. shares happened in July 2003, when MOL Plc. ...
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Government Of Croatia
The Government of Croatia ( hr, Vlada Hrvatske), formally the Government of the Republic of Croatia ( hr, Vlada Republike Hrvatske), commonly abbreviated to Croatian Government ( hr, hrvatska Vlada), is the main executive branch of government in Croatia. It is led by the president of the Government ( hr, predsjednik Vlade), informally abbreviated to premier ( hr, premijer) or prime minister. The prime minister is nominated by the president of the Republic from among those candidates who enjoy majority support in the Croatian Parliament; the candidate is then chosen by the Parliament. There are 20 other government members, serving as deputy prime ministers, government ministers or both; they are chosen by the prime minister and confirmed by the Parliament (Sabor). The Government of the Republic of Croatia exercises its executive powers in conformity with the Croatian Constitution and legislation enacted by the Croatian Parliament. The current government is led by Prime Mini ...
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USKOK
The Uskoks ( hr, Uskoci, , singular: ; notes on naming) were irregular soldiers in Habsburg Croatia that inhabited areas on the eastern Adriatic coast and surrounding territories during the Ottoman wars in Europe. Bands of Uskoks fought a guerrilla war against the Ottomans, and they formed small units and rowed swift boats. Since the uskoks were checked on land and were rarely paid their annual subsidy, they resorted to acts of piracy. The exploits of the Uskoks contributed to a renewal of war between Venice and the Ottoman Empire (1571–1573). An extremely curious picture of contemporary manners is presented by the Venetian agents, whose reports on this war resemble a knightly chronicle of the Middle Ages. These chronicles contain information pertaining to single combats, tournaments and other chivalrous adventures. Many of these troops served abroad. After a series of incidents that escalated into the Uskok War (1615–1618), the Uskok activity in their stronghold of ...
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Politics Of Croatia
The politics of Croatia are defined by a parliamentary system, parliamentary, representative democracy, representative democratic republic framework, where the Prime Minister of Croatia is the head of government in a multi-party system. Executive power is exercised by the Croatian Government, Government and the President of Croatia. Legislative power is vested in the Croatian Parliament ( hr, Sabor). The Judiciary is independent of the executive and the legislature. The parliament adopted the current Constitution of Croatia on 22 December 1990 and decided to declare independence from Socialist Federal Republic of Yugoslavia, Yugoslavia on 25 May 1991. The Constitutional Decision on the Sovereignty and Independence of the Republic of Croatia came into effect on 8 October 1991. The constitution has since been amended several times. The first modern parties in the country developed in the middle of the 19th century, and their agenda and appeal changed, reflecting major social change ...
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2000s In The European Union
S, or s, is the nineteenth letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''ess'' (pronounced ), plural ''esses''. History Origin Northwest Semitic šîn represented a voiceless postalveolar fricative (as in 'ip'). It originated most likely as a pictogram of a tooth () and represented the phoneme via the acrophonic principle. Ancient Greek did not have a phoneme, so the derived Greek letter sigma () came to represent the voiceless alveolar sibilant . While the letter shape Σ continues Phoenician ''šîn'', its name ''sigma'' is taken from the letter ''samekh'', while the shape and position of ''samekh'' but name of ''šîn'' is continued in the '' xi''. Within Greek, the name of ''sigma'' was influenced by its association with the Greek word (earlier ) "to hiss". The original name of the letter "sigma" may have been ''san'', but due to the complica ...
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2010s In Croatia
1 (one, unit, unity) is a number representing a single or the only entity. 1 is also a numerical digit and represents a single unit of counting or measurement. For example, a line segment of ''unit length'' is a line segment of length 1. In conventions of sign where zero is considered neither positive nor negative, 1 is the first and smallest positive integer. It is also sometimes considered the first of the infinite sequence of natural numbers, followed by  2, although by other definitions 1 is the second natural number, following  0. The fundamental mathematical property of 1 is to be a multiplicative identity, meaning that any number multiplied by 1 equals the same number. Most if not all properties of 1 can be deduced from this. In advanced mathematics, a multiplicative identity is often denoted 1, even if it is not a number. 1 is by convention not considered a prime number; this was not universally accepted until the mid-20th century. Additionally, 1 ...
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2000s In Croatia
S, or s, is the nineteenth letter in the Latin alphabet, used in the modern English alphabet, the alphabets of other western European languages and others worldwide. Its name in English is ''ess'' (pronounced ), plural ''esses''. History Origin Northwest Semitic šîn represented a voiceless postalveolar fricative (as in 'ip'). It originated most likely as a pictogram of a tooth () and represented the phoneme via the acrophonic principle. Ancient Greek did not have a phoneme, so the derived Greek letter sigma () came to represent the voiceless alveolar sibilant . While the letter shape Σ continues Phoenician ''šîn'', its name ''sigma'' is taken from the letter ''samekh'', while the shape and position of ''samekh'' but name of ''šîn'' is continued in the '' xi''. Within Greek, the name of ''sigma'' was influenced by its association with the Greek word (earlier ) "to hiss". The original name of the letter "sigma" may have been ''san'', but due to the ...
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Null And Void
In law, void means of no legal effect. An action, document, or transaction which is void is of no legal effect whatsoever: an absolute nullity—the law treats it as if it had never existed or happened. The term void ''ab initio'', which means "to be treated as invalid from the outset", comes from adding the Latin phrase ''ab initio'' (from the beginning) as a qualifier. For example, in many jurisdictions where a person signs a contract under duress, that contract is treated as being void ''ab initio''. The frequent combination "null and void" is a legal doublet. The term is frequently used in contradistinction to the term "voidable" and "unenforceable". Definitions '' Black's Law Dictionary'' defines 'void' as: In the case of a contract, this means there is no legal obligation, therefore there can be no breach of contract since the contract is null, but there may be an implied contract which requires the recipient of goods or services provided to pay their reasonable value. ...
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Arbitration
Arbitration is a form of alternative dispute resolution (ADR) that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons (the 'arbitrators', 'arbiters' or 'arbitral tribunal'), which renders the 'arbitration award'. An arbitration decision or award is legally binding on both sides and enforceable in the courts, unless all parties stipulate that the arbitration process and decision are non-binding. Arbitration is often used for the resolution of commercial disputes, particularly in the context of international commercial transactions. In certain countries such as the United States, arbitration is also frequently employed in consumer and employment matters, where arbitration may be mandated by the terms of employment or commercial contracts and may include a waiver of the right to bring a class action claim. Mandatory consumer and employment arbitration should be distinguished from consensual arbitration, particularly commercial ...
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Trial In Absentia
Trial in absentia is a criminal proceeding in a court of law in which the person who is subject to it is not physically present at those proceedings. is Latin for "in (the) absence". Its meaning varies by jurisdiction and legal system. In common law legal systems, the phrase is more than a spatial description. In these systems, it suggests a recognition of a violation to a defendant's right to be present in court proceedings in a criminal trial. Conviction in a trial in which a defendant is not present to answer the charges is held to be a violation of natural justice. Specifically, it violates the second principle of natural justice, (hear the other party). In some civil law legal systems, such as that of Italy, is a recognized and accepted defensive strategy. Such trials may require the presence of the defendant's lawyer, depending on the country. Europe Member states of the Council of Europe that are party to the European Convention on Human Rights are bound to adher ...
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Supreme Court Of Croatia
, image = Supreme Court of the Republic of Croatia.jpg , imagesize = 220px , caption = Palace of the Supreme Court is located at the Nikola Šubić Zrinski Square , established = , country = , location = Zagreb , coordinates = , type = Elected by the State Judicial Council , authority = Constitution of the Republic of Croatia , appeals = , terms = Five years in the first term, life tenure after renewal with mandatory retirement at the age of 70 , positions = 42EasyWeb.asp , website vshr.hr , chiefjudgetitle = President , chiefjudgename = Radovan Dobronić, mag. iur. , termstart = 15 October 2021 , termend = , termend2 = The Supreme Court of the Republic of Croatia ( hr, Vrhovni sud Republike Hrvatske) is the highest court in the country, which ensures the uniform application of laws and equal justice to all. Judicial system Courts protect the legal order of the Republic of Croatia as established by the Constitution and law, and provide for the u ...
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Zsolt Hernádi
''The native form of this personal name is Hernádi Zsolt. This article uses Western name order when mentioning individuals.'' Zsolt Hernádi (born November 30, 1960) is a Hungarian businessman and the Chairman-CEO of MOL Plc., the Hungarian Oil & Gas company, since 2001. Early life and education Zsolt Hernádi was born in Tarján on November 30, 1960. He grew up in Esztergom, where he spent his student years. First he was a student of Kossuth Lajos Elementary School, then he graduated from the mathematics department of the Dobó Katalin High School. Hernádi graduated from the Faculty of Industrial Planning and Analysis at the Corvinus University of Budapest (with a degree in economics) in 1986. As a freshly graduated student he became a trainee at Deutsche Bank in Germany. Career Zsolt Hernádi started his professional career at Unicbank and subsequently held various positions at the Kereskedelmi és Hitelbank (K&H) between 1989 and 1994, becoming Deputy general manager ...
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