Welcome!

News Feed Item

Polish Confiscation of German Corporate Assets Triggers Legal Challenge

BRUSSELS, January 20, 2014 /PRNewswire/ --



The Berlin registered company K.u.K. - E.F.I International GmbH is taking legal steps to recover German owned properties that have been confiscated in Poland by the Wroclaw Prosecutor's Office without any court decision or legal warrant.

The properties include the assets of 4 non-resident commercial bank accounts registered in the name of the German company in Poland that were blocked in March 2013 and the deposits confiscated, without any grounds.

The list of confiscated assets also include three cars, registered in Berlin in Germany in the name of K.u.K. - E.F.I International GmbH, which were seized on 6th November in Poland by the Wroclaw Prosecutor's Office. A German employee driving one of the company owned cars was detained for 36 hours although he was not charged, and the vehicle he was driving was confiscated without any explanation.

International lawyers representing K.u.K. - E.F.I International GmbH are claiming a breach of the bilateral Memorandum of Understanding on the protection of bilateral investment between Germany and Poland and a breach of Article 231 of the Polish Criminal Code by the Wroclaw Prosecutor's Office.

On referral from the Polish Prosecutor General's Office, between 2011 and 2013 K.u.K. - E.F.I International GmbH was the subject of a full and comprehensive investigation by the Berlin State Prosecutor during which the company in Berlin fully co-operated with and assisted the German authorities with their research, providing all of the documents and the information requested.

Having examined these thoroughly after an investigation of 3 years, the Berlin Prosecutor's Office ruled on 28th October 2013 that there was no evidence to substantiate the claims from the Polish authorities against K.u.K. - E.F.I International GmbH, Zdiszlaw, Halina and Anna Kmetko and that the investigation was closed.

The seizures by the Wroclaw Prosecutor's Office of the property belonging to K.u.K. - E.F.I International GmbH have been made without reference to the German authorities, without any Polish or German court decisions or legal warrants, and the legality of these actions is now being challenged by the Company's international legal team in Berlin.

"21st Century Poland has shaken off its soviet past, but in some parts of the administration there remain some pockets of recidivism and behaviour more appropriate to homo sovieticus," a spokesman for the company said. "Poland is a key member of the European Union, and a supporter of European values and European law. Our company is an international European business that respects the highest standards of EU governance and we cannot tolerate this kind of treatment. We believe our assets have been taken away without due legal process or authority. We will defend our corporate rights and seek to recover them through the correct legal channels, in accordance with European law."

For more information see http://www.kmetkostory.org    

Issued for K.u.K. - E.F.I International GmbH by Macmillan PR Ltd.

SOURCE K.u.K. - E.F.I International GmbH

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Companies are harnessing data in ways we once associated with science fiction. Analysts have access to a plethora of visualization and reporting tools, but considering the vast amount of data businesses collect and limitations of CPUs, end users are forced to design their structures and systems with limitations. Until now. As the cloud toolkit to analyze data has evolved, GPUs have stepped in to massively parallel SQL, visualization and machine learning.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, will discuss how given the magnitude of today's applicati...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
Enterprises are adopting Kubernetes to accelerate the development and the delivery of cloud-native applications. However, sharing a Kubernetes cluster between members of the same team can be challenging. And, sharing clusters across multiple teams is even harder. Kubernetes offers several constructs to help implement segmentation and isolation. However, these primitives can be complex to understand and apply. As a result, it’s becoming common for enterprises to end up with several clusters. Thi...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant th...
Containers are rapidly finding their way into enterprise data centers, but change is difficult. How do enterprises transform their architecture with technologies like containers without losing the reliable components of their current solutions? In his session at @DevOpsSummit at 21st Cloud Expo, Tony Campbell, Director, Educational Services at CoreOS, will explore the challenges organizations are facing today as they move to containers and go over how Kubernetes applications can deploy with lega...