Executers froze Karlovy Vary property due to unpaid debt

Court in west Bohemian town of Karlovy Vary have blocked the town’s immovable property worth six to eight billion crowns (over 500 million US dollars) due to an unpaid debt. The property was frozen after the culture department of the Town Hall had failed to pay a fee worth 130,000 crowns connected with court disputes over the reconstruction of the local theatre. Deputy Mayor Tomáš Hybner the town had already repaid the debt and that he expects the property to be unblocked within a week.

Author: Ruth Fraňková