×
You will be redirected back to your article in seconds

CME appeals 4 rulings

Czech senator attempts to defend assets

PRAGUE — The tangled web of court cases between TV group Central European Media Enterprises and ousted Nova TV director Vladimir Zelezny goes on.

CME is appealing rulings in four court decisions in the Czech Republic that halt the seizure of Zelezny’s assets. Zelezny is appealing the $500,000 court costs he has been ordered to pay.

The cases go back to an international arbitration CME won two years ago after Zelezny severed ties with CME, the exclusive service provider for Nova TV, and relaunched it with Czech investors in 1999.

The tribunal ordered Zelezny to pay $27 million in compensation to CME. Pending payment of the debt, Czech courts froze Zelezny’s assets in three bank accounts, his wine company (which CME said was used to transfer money out of Nova TV) and his movable assets, including a collection of modern art.

Zelezny subsequently sold the station’s license to Czech investment group PPF, which paid his debt to CME in October, leaving just the costs outstanding.

The case is relatively minor in comparison with CME’s other lawsuits against Zelezny.

CME won a groundbreaking international arbitration judgment of $355 million against the Czech Republic in May, after it was ruled that the government should have protected CME’s investment in Nova. The international tribunal found the Broadcasting Council had conspired with Zelezny to defraud CME of its investment in Nova TV. The council was dismissed by the parliament.

CME has a still-unheard case in a Czech court that would oblige Nova TV to reinstate CME as its exclusive service provider, as well as a $5 million copyright dispute.

The Czech parliament, meanwhile, has appointed a 10-member panel to probe who was responsible for its loss in the $355 million case.

Zelezny, now a senator under investigation for fraud and tax evasion, was fired from Nova TV in early May.

More TV

  • R. Kelly

    R. Kelly Accusers Detail Abuse, Reveal Evidence on 'Dateline'

    The continuing controversy surrounding R. Kelly, including allegations of sexual abuse by a number of women over three decades, was the focus of Friday’s episode of “Dateline.” Speaking to accusers Sparkle, Jerhonda Pace and parents Tim and Jonjelyn Savage, among others, NBC’s Andrea Canning heard more harrowing tales of abduction and sexual misconduct on the part [...]

  • Kenan Thompson

    NBC Orders Comedy Pilots 'Saving Kenan' and 'Like Magic'

    NBC has ordered comedies “Saving Kenan” and “Like Magic” to pilot. “Saving Kenan” is a single-camera comedy starring “Saturday Night Live” veteran Kenan Thompson as a “newly widowed dad determined to be everything for his kids while begrudgingly letting his persistent father-in-law become more involved in their lives.” Jackie Clarke will serve as writer and [...]

  • The First -- "The Choice" -

    'The First' Canceled at Hulu After One Season

    Hulu has grounded the space exploration drama “The First” after one season, Variety has confirmed. The series hailed from Beau Willimon and starred Sean Penn and Natascha McElhone in Penn’s first regular television role. “The First” was set in the near future and followed the first human mission to Mars. Hulu gave the show a straight-to-series order in [...]

  • Nicole Maines Supergirl Trans Hollywood Portrait

    TV Roundup: 'Supergirl' Drops First Look at Nicole Maines as TV's First Trans Superhero

    In today’s TV News Roundup, The CW releases a first look at Nicole Maines on “Supergirl” and Variety unveils an exclusive look at Gabriel Iglesias’ new comedy special.  FIRST LOOKS truTV has released the first trailer for season 2 of Emmy-nominated series “At Home with Amy Sedaris.” The variety sketch comedy returns Tuesday, Feb. 19 at [...]

  • The Beatles Eight Days a Week

    Imagine's Documentary Arm Sets First-Look Pact With Apple (EXCLUSIVE)

    Brian Grazer and Ron Howard’s Imagine Documentaries has set a first-look pact with Apple to develop non-fiction features and series. The deal comes as Imagine is investing heavily in the premium non-fiction arena. The company in June recruited RadicalMedia veteran Justin Wilkes to head Imagine Documentaries as president. The deal suggests that Apple sees docu [...]

  • Fyre Festival Documentaries: The 10 Most

    Fyre Festival Documentaries: The 10 Most Outrageous Moments

    It is perhaps only fitting that two documentaries about the disastrous Fyre Festival, one of the most high-profile fraudulent failures in history, would arrive during the same week — a fitting cap on a tragicomedy of errors that, as both films outline in excruciating detail, unfolded like a slow-motion plane crash in the spring of [...]

  • Walt Disney HQ LA

    Disney Unveils Financial Data for DTC Unit, Sets April 11 for Investor Presentation

    Disney has rejiggered its business segments for earnings reporting to make room for the new unit housing its global streaming operations. Disney on Friday released restated earnings for fiscal 2018, 2017 and 2016 to give investors and financial analysts better visibility into its spending on the launch of the Disney Plus, ESPN Plus and other [...]

More From Our Brands

Access exclusive content