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N the mid-1990s Ronald Lauder, an heir to the Est�e Lauder cosmetics fortune, launched Central European Media Enterprises Ltd., a regional broadcasting company. In the Czech Republic, CME developed a successful television station, Nova TV. But in 1999 CME discovered that its local partner in the country, Vladimir Zelezny, had allegedly diverted some ad revenue to a private account. So Lauder fired him, according to lawyers from both sides.
March 18, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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