Will Swiss verdict on MUS rob Pavel Tykač of Czech Coal?

Far from benefitting from Swiss criminal proceedings, Czech Coal (formerly MUS) could lose everything, legal analysis shows

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Lukáš Novotný | 09.12.2011

CZE

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A legal analysis received by Czech Position suggests a Swiss verdict over MUS (renamed Czech Coal) could rob Pavel Tykač of the company

A legal analysis of the possible results of the criminal proceedings launched by the Swiss federal prosecutor over Czech mining company Mostecké uhelné společnosti (MUS) was sent to Czech Position from an address bearing the name of the current owner of its successor company, Czech Coal. It suggests that when the MUS verdicts are given, the massive mining company might be confiscated and returned to the state.

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