ALBERT AND OTHERS v. HUNGARY

Communicated on 12 September 2014

SECOND SECTION

Application no. 5294/14
Józsefné ALBERT and others
against Hungary
lodged on 10 January 2014

STATEMENT OF FACTS

1. A list of the applicants is set out in the appendix.

A. The circumstances of the case

2. The facts of the case, as submitted by the applicants, may be summarised as follows.

1. Antecedents

3. In 1993, 235 savings cooperatives decided to create a voluntary and restricted integration in order to enhance their market position and financial security and – with the active support of the Hungarian State and the PHARE Program of the European Union – entered into an integration agreement. The key institutions of this integration were the National Association of Savings Cooperatives (Országos Takarékszövetkezeti Szövetség, “OTSZ”), the Savings Bank (Takarékbank Zrt.), and the National Fund for the Institutional Protection of Savings Cooperatives (Országos Takarékszövetkezeti Intézményvédelmi Alap, “OTIVA”) which was created as part of the integration. OTIVA, on the one hand, improved the security of deposits placed with the savings cooperatives by supplementing the National Deposit Insurance Fund (Országos Betétbiztosítási Alap, “OBA”), and, on the other hand, served the prevention of crisis situations and improved the stability of savings cooperatives.

4. The Savings Bank, by cooperating with OTIVA, harmonised and improved the effectiveness of the business operation of savings cooperatives. Until the changes introduced by the Integration Act (see below), the share of the savings cooperatives and certain banks in the Savings Bank had exceeded 60%. In 2012 the Hungarian State appeared as indirect owner of the Savings Bank, when the Hungarian Development Bank Ltd. (Magyar Fejlesztési Bank Zrt., “MFB”) purchased the stake of Deutsche Zentral-Genossenschaftsbank AG, representing 38.5% of the shares.

5. According to Risk Report 2013/I of the Supervisory Authority of June 2013, which provides a comprehensive analysis of the financial system’s stability and its potential risks, solely the sector of the cooperative credit institutions remained profitable among the sector of the financial institutions. The Report found that the sector of cooperative credit institutions had remained profitable throughout the entire economic crisis, and, moreover, that in 2012 this sector could improve its results, which were higher than those of other players in money markets.

6. According to publicly available information, before the effective date of the Integration Act, the savings cooperatives were stable, had capital adequacy and their operation was profitable. The total earnings before tax of the cooperative credit institutions in the second quarter of 2013 was 3.983 billion Hungarian forints (HUF) and their capital adequacy ratio was 16.94% (this ratio for the credit institutions operating as share companies was 16.55%).

7. The profitability and capital adequacy ratio of the institutions involved in the present case (see below) exceeded both those of the banking sector and those of the savings cooperatives. In 2012 Kinizsi Bank Zrt. (“Kinizsi”) realised a profit before tax amounting HUF 315 million, representing 8.72% return on equity, and had a capital adequacy ratio of 17.73%. In the same year Mohácsi Takarék Bank Zrt. (“Mohácsi”) realised a profit before tax amounting HUF 613 million, representing 14.6% return on equity, and had a capital adequacy ratio of 19.39%. Pátria Takarékszövetkezet (a savings cooperative) (“Pátria”) had similar results in 2012, by having profits before tax amounting HUF 372 million, representing 7.3% return on equity, and a capital adequacy ratio of 17.68%. (Kinizsi, Mohácsi and Pátria: “the Institutions”).

2. Integration

8. Act no. CXXXV of 2013 on the Integration of Cooperative Credit Institutions and the Amendment of Certain Laws Regarding Economic Matters (the “2013 Integration Act”) entered into force on 13 July 2013, the day after its proclamation. The Act was then amended in several aspects by Act no. CXCVI of 2013 on the Amendment of Certain Laws Regarding the Integration of Cooperative Credit Institutions (the “Amendment”) with effect from 30 November 2013.

9. The 2013 Integration Act concerned most savings cooperatives operating in the form of a cooperative, including Pátria, and certain banks operating in the form of a company limited by shares, such as Kinizsi and Mohácsi.

10. When introducing the application, the applicants held shares with the aggregate par value of HUF 2,043,342,000, representing 98.28% in the total registered capital of Kinizsi, shares with the aggregate par value of HUF 1,833,300,000 representing 87.65% in the total registered capital of Mohácsi, and shares with the aggregate par value of HUF 8,100,000 representing 5.61% of the total share capital of Pátria.

11. The 2013 Integration Act abolished the integration of cooperatives which had been organised on a voluntary basis, with voluntary membership, and terminated OTIVA. Instead, it introduced a forced integration under close State control. In particular:

(a) the Integration Organisation of Cooperative Credit Institutions (Szövetkezeti Hitelintézetek Integrációs Szervezete) was created, a body under indirect State control (the “Integration Organisation”);

(b) the Bank of Hungarian Savings Cooperatives (Magyar Takarékszövetkezeti Bank Zrt.), the central bank of the integration, over which the savings cooperatives had previously had a controlling majority, was effectively nationalised;

(c) the economic independence and autonomy of the savings cooperatives operating in the form of cooperatives and that of certain banks operating as companies limited by shares, was restricted, a measure targeting amongst others the Institutions; and

(d) the ownership rights of the members and shareholders of the savings cooperatives and banks falling under the scope of the 2013 Integration Act were restricted.

3. Scope of the 2013 Integration Act

12. Until the effective date of the Amendment, Act no. CXII of 1996 on Credit Institutions and Financial Enterprises (the “1996 Banking Act”) contained certain regulations for banks operating as companies limited by shares, which were different from the ones regarding cooperative credit institutions with respect to their scope of business, capital requirements and other matters (prior to the Amendment, only savings cooperatives operating as cooperatives and credit cooperatives belonged to the group of cooperative credit institutions).

13. However, the 2013 Integration Act had, already before the Amendment and contrary to the 1996 Banking Act, qualified certain banks organised as companies limited by shares as cooperative credit institutions and extended its scope to them, on the basis of the fact that, as of 1 January 2013, these banks were members of the OTIVA.

At the same time, the 2013 Integration Act did not qualify the following entities as cooperative credit institutions:

(a) all the other banks, including those which were members of other institutional protection funds, and

(b)those savings cooperatives and credit cooperatives which applied to the supervisory authority for permission for their transformation from the cooperative form into a company limited by shares before the effective date of the 2013 Integration Act, and their requests were pending as of the effective date of the Act.

14. The scope of the 2013 Integration Act was extended to Kinizsi and Mohácsi as well as two additional banks, which – complying with capital requirements and other conditions and with the permission of the supervisory authority – had been transformed into banks from being savings cooperatives and had been operating as such since then.

15. In sum, the 2013 Integration Act brought a heterogeneous circle of entities under uniform regulations.

4. The new regulations

16. The 2013 Integration Act has abolished the voluntary nature of cooperative organisation and, by extending its scope to savings cooperatives, credit cooperatives and some banks (including the Institutions) by creating its own definition of cooperative credit institution, ordered a mandatory integration of these entities by introducing the following measures:

(a)it terminated the integration agreement of 1993, which had been entered into voluntarily on a civil law basis, and abolished OTIVA;

(b)it made almost all savings cooperatives and credit cooperatives, including the Institutions, ipso jure members of the Integration Organisation which was newly created as legal successor of OTIVA and other voluntary institutional protection funds;

(c)it prohibits cooperative credit institutions operating in the form of cooperatives from terminating their membership of the Integration Organisation and, in the case of cooperative credit institutions operating in the form of a company limited by shares, it makes the same practically impossible;

(d)the independent operation of cooperative credit institutions falling in the scope of the 2013 Integration Act was abolished and their owners were deprived of the essence of their ownership rights or the exercise of those rights was substantially restricted;

(e)the mandatory membership in the Integration Organisation and the fact that the sanction for breaching the rules created in order to enforce the governing powers of the Savings Bank and the Integration Organisation is the mandatory withdrawal of the operational licence or the exclusion from the Integration Organisation (which in fact also has the effect of terminating the operational licence), would necessarily result in the termination of the entities concerned.

5. Legal provisions indirectly influencing the applicants’ property rights

17. After the date of issuing by the Savings Bank of mandatory risk management regulations regarding the subjects of the new law, including the Institutions, they will bear direct, joint and several liability, with all their equity, for the debts of all other members of the Integration Organisation, the debts of the Savings Bank and of the Integration Organisation itself, resulting in full abolition of the economic and financial independence of the particular institution. This liability eliminates the separate equities, the availability of which is the core precondition for the existence of a legal entity, and in economic terms, it merges the members of the integration.

18. The Integration Organisation is authorised to issue mandatory regulations for the subjects of the law covering essential issues regarding the operation of the Institutions, such as the accounting principles, internal control, and eligibility of their leading officials. The Savings Bank is authorised to issue mandatory regulations covering essential issues regarding the operation of the Institutions, such as risk management, credit authorisation, risk monitoring, receipt of deposits, cash flow management, investment policy, rating and depreciation, special equity ratio requirements, business policy, joint marketing and integrated IT system.

19. The Savings Bank supervises the operation of the Institutions and is authorised to issue instructions in order to ensure compliance with the law and the regulations issued by the Integration Organisation and by the Savings Bank.

20. At the general meeting of the Savings Bank to be held on the 45th day following the effective date of the Integration Act, the Institutions were obliged to approve the new Charter of the Savings Bank – as drafted by the board of directors of the Integration Organisation – and also approve the increase of the Savings Banks’ capital by HUF 654,986,000 to the amount of HUF 3,389,704,000 from the previous amount of HUF 2,735,038,000. Out of this capital increase, the Hungarian Post has subscribed for common shares with the aggregate par value of HUF 654,666,000 and the institutions to which the applicants belong took series “C” preference shares with the aggregate par value of HUF 320,000. The Hungarian Post was entitled to subscribe for the common shares at par value, which is considerably less than the reasonable value based on the Savings Bank’s equity situation.

21. Several savings cooperatives and some banks held series “B” preference shares in the Savings Bank ensuring that no decision on strategic matters may be made without the approval of holders of these shares. This approval could be given by the majority of votes of the shareholders. The Institutions were obliged to deposit their series “B” Savings Bank shares with the Savings Bank, and to sell those shares to the Hungarian Development Bank, an entity of 100% State ownership, by the date of the first general meeting of the Savings Bank following the effective date of the Integration Act, as well as to sign a written undertaking to take over one series “C” preference shares of the Savings Bank with par value of HUF 2,000. No such preference is represented by the series “C” shares which had to be taken over. The Hungarian Development Bank is entitled to exercise the rights attached to the series “B” shares acquired by it.

22. The Institutions may not transfer their shares in the Savings Bank within 365 days from the effective date of the Integration Act; these shares may not be pledged at all, may not be used as security for credits, may not be subject to a number of other transactions, and must be continuously kept with a depositary appointed by the board of directors of the Savings Bank. There are a number of situations in which the Institutions are not entitled to exercise their shareholder rights over their shares in the Savings Bank.

23. The Integration Act created a call option for the Hungarian Development Bank with respect to the shares of the institutions in the Savings Bank in case they voted against the proposed resolutions in certain matters, abstained from voting or did not appear at the general meeting. In the applicants’ view, the provisions of the Integration Act introducing changes in ownership ratios, in shareholder rights and in the management over the Savings Bank resulted in essence in depriving all the previous shareholders other than the Hungarian Development Bank, but including the Institutions, of their property rights, and resulted in the nationalisation of the Savings Bank.

24. Bank accounts and securities accounts of the Institutions may be solely kept at the Savings Bank; and they must keep their free financial assets solely in financial instruments traded by the Savings Bank; other organisations keeping bank accounts of the Institutions were obliged to terminate such bank account agreements.

25. The Savings Bank has exclusive power to previously approve the acquisition of any stake by the Institutions in any other business entity or sale of such property if its value or its purchase price exceeds 0.1% of the solvency capital of the integration calculated on a consolidated basis. Thereby the Institutions must obtain a case-by-case approval of the Savings Bank for their investments.

26. The applicants and other owners may not pass a valid resolution at the general meetings of the Institutions if the latter do not simultaneously inform the Savings Bank about such general meetings by submitting the invitation with all its annexes to the Savings Bank. The precondition for a valid resolution by the board of directors and supervisory board of the Institutions is that the invitation to the respective meeting of the board of directors or the supervisory board, together with all related material, is simultaneously sent to the Savings Bank. The rules of procedure of the board of directors and the supervisory board of the Institutions may not be in conflict with the Charter and relevant regulations established by the Savings Bank; and these rules of procedure must be amended within 15 days upon, and according to, a request of the Savings Bank. Minutes of the general meetings and the meetings of the board of directors of the Institutions must always be submitted to the Savings Bank, and the minutes of the supervisory board meetings must be sent to the Savings Bank in certain cases.

27. The Institutions must inform without delay the Integration Organisation, the Savings Bank and the Mutual Capital Coverage Fund of Cooperative Credit Institutions (“Szövetkezeti Hitelintézetek Tőkefedezeti Közös Alapja”) in case a lawsuit or any other legal proceedings may be – or are – started against them. The Savings Bank is entitled to issue further regulations both to handle the above proceedings and regarding the obligations to provide information.

28. In certain cases the transactions and undertakings of the Institutions are subject to a previous approval by the Integration Organisation on a case-by-case basis.

29. The Institutions were obliged to submit within 20 days from the effective date of the Integration Act a new application to the Supervisory Authority for a repeated issue of their operational licence; they were obliged to approve their new Charter within 45 days from the effective date of the Integration Act according to the text established by the board of directors of the Integration Organisation; moreover, within 75 days from the effective date of the Integration Act, they had to re-obtain their operational licence.

30. The Integration Organisation may, as a sanction applied for a number of reasons, exclude one of the Institutions from among its members, which results in the withdrawal of the operational licence; moreover, the Integration Act includes several provisions directly stipulating that the Supervisory Authority may or shall withdraw the operational licence, which results in liquidation. According to the Integration Act it is the Integration Organisation which is entitled to decide if the preconditions exist to apply a particular sanction.

31. No legal remedy is available for the Institutions regarding those restricting measures which had been taken before the Amendment, and there is no legal remedy against the regulations issued by the Savings Bank and the Integration Organisation which are binding upon the Institutions. Furthermore, there is no remedy against the specific orders of these institutions based on other regulations of the integration.

6. Legal provisions directly affecting the property rights of the applicants

32. At the general meetings of the Institutions, the applicants, together with all other owners, were obliged to approve a new Charter in compliance with the sample provided by the Integration Organisation. As a result, the Institutions were forced to approve measures violating the provisions of the 2006 Companies Act and the 2006 Cooperatives Act. The applicants are, from time to time, obliged to amend, within 60 days, the Charter of the Institutions according to the then actual sample Charter issued by the Integration Organisation or the Savings Bank. In case the court keeping the corporate registry refuses to register the Charter or its amendments as drafted by the Integration Organisation, the applicants and other owners shall approve a new Charter according to a text established by the Integration Organisation, and the Institutions shall submit this new text to the court within 30 days with full compliance with relevant regulations. In the applicants’ view, these provisions of the Integration Act deprive them of their fundamental and statutory ownership rights to establish or amend the Charter.

33. A previous approval of the Savings Bank is required for a decision by the applicants and other owners over the election, revocation and remuneration of the members of the board of directors and supervisory board members of the Institutions. The board of directors of the Savings Bank is authorised to suspend or terminate the mandate of the managing officials of the Institutions; it may appoint a managing official for an interim period if the Institutions do not comply with the orders of the Savings Bank, their operations are not in compliance with law or regulations, or if they are in a so-called crisis situation.

34. The applicants’ statutory shareholders’ and members’ rights are restricted, in that the following measures regarding the Institutions are subject to the previous approval of the Savings Bank, and shall be taken solely according to such an approval: approval of Annual Report; issuing of bonds, reduction or increase of its capital; and reduction of their subscribed capital or any payment that is made to the applicants under any legal title that is connected to their status as owners (e.g. dividend, reduction of capital).

35. The Integration Organisation is entitled to suspend the applicants’ voting rights for one year, if in its opinion they threaten the reliable, secure operation of the Institutions. It is authorised to define from time to time the level of the Institutions’ solvency capitals on a case-by-case basis; if the capitals do not reach the level so defined, the Integration Organisation is authorised to increase the capital of the Institutions, even if the applicants and the other owners did not decide on such capital increase, or even contrary to the resolution the owners.

COMPLAINTS

36. The applicants complain under Article 1 of Protocol No. 1 read alone and in conjunction with Article 14 of the Convention that the cumulative effect of the above rules amounts to an unjustified interference with their property rights, which is also discriminatory given the arbitrary inclusion/exclusion of various financial institutions within the scope of the new law.

37. In particular, in regard to the above-mentioned provisions of the Integration Act, the applicants assert that (a) the changes in ownership ratios, in shareholder rights and in the management over the Savings Bank resulted in essence in depriving all the previous shareholders other than the Hungarian Development Bank, but including the Institutions, of their property rights, and resulted in the nationalisation of the Savings Bank; and that (b) those provisions deprive them of their fundamental and statutory ownership rights to establish or amend the Charter; both elements representing prejudice to their property rights (see paragraphs 23 and 32 above).

Lastly, the applicants complain under Article 13 about the absence of a remedy against the new measures.

QUESTIONS TO THE PARTIES

1. Does the new legislation complained of, in its cumulative effects, give rise to an interference with the applicants’ right to peaceful enjoyment of possessions, within the meaning of Article 1 of Protocol No. 1? Does the new law have any significant repercussions on the value of the applicants’ shares or the shareholders’ rights attached thereto, or on the manner in which they can dispose of them?

2. If so, was that interference in the general interest? Did it impose an excessive individual burden on the applicants?

Appendix

List of applicants

     Józsefné ALBERT is a Hungarian national who was born in 1935, lives in Szentjakabfa    Zoltan AGG is a Hungarian national who was born in 1975, lives in Mohács    Erzsebet AMBERGNE SCHUMACHER is a Hungarian national who was born in 1948, lives in Nagyvázsony    Jozsef AUTH is a Hungarian national who was born in 1943, lives in Somberek    Jozsefne AUTH is a Hungarian national who was born in 1945, lives in Somberek    Katalin BALI is a Hungarian national who was born in 1941, lives in Mohács    Gabor BARTA is a Hungarian national who was born in 1951, lives in Véménd    Antalne BAUMGARTNER is a Hungarian national who was born in 1951, lives in Véménd    Jozsef Antal BECK is a Hungarian national who was born in 1954, lives in BabarcJozsef BECKER is a Hungarian national who was born in 1961, lives in BabarcMihaly BELVARACZ is a Hungarian national who was born in 1939, lives in MohácsJozsefne BICSERDI is a Hungarian national who was born in 1947, lives in LánycsókAdamne BODA is a Hungarian national who was born in 1949, lives in KisnyárádMarta BOGDAN is a Hungarian national who was born in 1958, lives in ZánkaEndre BOKAY is a Hungarian national who was born in 1954, lives in PécsIstvanne BOKROS is a Hungarian national who was born in 1951, lives in SomberekLaszlo Janosne BORIS is a Hungarian national who was born in 1951, lives in GyömrőIstvan BUBREG is a Hungarian national who was born in 1942, lives in MohácsIstvanne BUBREG is a Hungarian national who was born in 1946, lives in MohácsKrisztina BUBREGNE HARIS is a Hungarian national who was born in 1977, lives in MohácsEszter BUCHER is a Hungarian national who was born in 1977, lives in PécsTamas BUCHER is a Hungarian national who was born in 1986, lives in MohácsGyula CSANADI is a Hungarian national who was born in 1940, lives in MohácsLaszlo Gyula CSANADI is a Hungarian national who was born in 1967, lives in MohácsFerenc CSEH is a Hungarian national who was born in 1947, lives in SzentantalfaEszter CSIZMADIA is a Hungarian national who was born in 1968, lives in PécsEndrene CSOLTKO is a Hungarian national who was born in 1965, lives in MonorGergely DARDAI is a Hungarian national who was born in 1952, lives in VéméndGergelyne DARDAI is a Hungarian national who was born in 1956, lives in VéméndIstvanne DAVID is a Hungarian national who was born in 1959, lives in PalotabozsokGyula DOMBAI is a Hungarian national who was born in 1939, lives in SomberekImre Laszlo DOMONKOS is a Hungarian national who was born in 1962, lives in KeszüDezso EJHINGER is a Hungarian national who was born in 1935, lives in AjkaGellert EVA is a Hungarian national who was born in 1954, lives in MohácsEndre Bertalan FABIAN is a Hungarian national who was born in 1951, lives in NemesvámosIstvanne FACSKO is a Hungarian national who was born in 1935, lives in MohácsLaszlo FADDI is a Hungarian national who was born in 1961, lives in PécsMaria Marta FEKETE DR. is a Hungarian national who was born in 1940, lives in BudapestJozsef Attilane FIRENYI is a Hungarian national who was born in 1955, lives in LánycsókGyorgy FISCHER is a Hungarian national who was born in 1956, lives in DunaszekcsőGabor FLODUNG is a Hungarian national who was born in 1970, lives in PalotabozsokBence FLORIAN is a Hungarian national who was born in 1983, lives in VeszprémDora FLORIAN is a Hungarian national who was born in 1978, lives in VeszprémGyula Gyorgy FLORIAN is a Hungarian national who was born in 1943, lives in VeszprémGyulane FLORIAN is a Hungarian national who was born in 1916, lives in VeszprémIstvan Florian FODOR is a Hungarian national who was born in 1946, lives in TótvázsonyAndras FOLBERT is a Hungarian national who was born in 1959, lives in MohácsJozsef FRISCHMANN is a Hungarian national who was born in 1951, lives in MohácsAndras GASZ is a Hungarian national who was born in 1940, lives in VéméndAndrasne GASZ is a Hungarian national who was born in 1942, lives in VéméndJudit GERGELY is a Hungarian national who was born in 1964, lives in MohácsTibor GERGELY is a Hungarian national who was born in 1960, lives in MohácsOrsolya Erzsebet GILLY is a Hungarian national who was born in 1964, lives in MohácsPeter Istvan GINTER is a Hungarian national who was born in 1938, lives in PalotabozsokGyorgyi GROB is a Hungarian national who was born in 1952, lives in MohácsEva Iren GYIMESI is a Hungarian national who was born in 1962, lives in BonyhádJanosne GYIMESI is a Hungarian national who was born in 1942, lives in PalotabozsokJozsef GYORI is a Hungarian national who was born in 1934, lives in SomberekJozsef Janos HADRA is a Hungarian national who was born in 1959, lives in LánycsókZsolt HAFNER is a Hungarian national who was born in 1970, lives in MohácsIstvan HAGEN is a Hungarian national who was born in 1972, lives in MohácsJanos Istvan HAGEN is a Hungarian national who was born in 1938, lives in MohácsErno HARCZ is a Hungarian national who was born in 1944, lives in MohácsZoltan Elek HARDI is a Hungarian national, lives in ÖcsKaroly HEGYI is a Hungarian national who was born in 1942, lives in AjkaZoltan Andras HEILIG is a Hungarian national who was born in 1956, lives in TótvázsonyHanna HEIRICH is a Hungarian national who was born in 1982, lives in VéméndJozsef HEIRICH is a Hungarian national who was born in 1962, lives in VéméndJozsefne HEIRICH is a Hungarian national who was born in 1956, lives in VéméndJozsef HELLEBRAND is a Hungarian national who was born in 1961, lives in PalotabozsokJozsefne HELLEBRAND is a Hungarian national who was born in 1965, lives in PalotabozsokJanos HENGL is a Hungarian national who was born in 1954, lives in MohácsJozsef HIGLI is a Hungarian national, lives in BalatoncsicsóGyorgyne HOFFMANN is a Hungarian national who was born in 1932, lives in BabarcJozsefne HOLOCSI is a Hungarian national who was born in 1943, lives in SomberekEtele Peterne HORVATH is a Hungarian national who was born in 1959, lives in VéméndJudit HUNYADINE TOTH is a Hungarian national who was born in 1955, lives in MohácsLaszlo Gyorgy HUPPERT is a Hungarian national who was born in 1955, lives in MajsKonrad HÜTTNER is a Hungarian national who was born in 1951, lives in LánycsókBence Ferenc ILLES is a Hungarian national who was born in 1989, lives in LánycsókZsuzsanna ILLESNE HENGL is a Hungarian national who was born in 1964, lives in LánycsókJozsef JAKAB is a Hungarian national who was born in 1944, lives in SzebényLaszlo Sandor JONAS is a Hungarian national who was born in 1949, lives in MohácsAttila JORDAN is a Hungarian national who was born in 1970, lives in PalotabozsokKlara Katalin JORDANNE KOVACS is a Hungarian national who was born in 1974, lives in PalotabozsokKrisztina JORDANNE KRESZ is a Hungarian national who was born in 1970, lives in PalotabozsokBela JUHOS is a Hungarian national who was born in 1940, lives in MohácsBelane JUHOS is a Hungarian national who was born in 1942, lives in MohácsErzsebet JUNG is a Hungarian national who was born in 1954, lives in VeszprémFerenc KAISER is a Hungarian national who was born in 1948, lives in SzékelyszabarAnita KAJTAR is a Hungarian national who was born in 1972, lives in PécsCsaba KAJTAR is a Hungarian national who was born in 1974, lives in PécsváradIstvan KAPONYI is a Hungarian national who was born in 1942, lives in MohácsKalmanne KARADI is a Hungarian national who was born in 1962, lives in PécsLaszlo Jozsefne KERN is a Hungarian national who was born in 1955, lives in LánycsókAttila KESZLER is a Hungarian national who was born in 1969, lives in RomonyaGyongyi Anna KETTNE DR. ROTT is a Hungarian national who was born in 1963, lives in MohácsGyulane KINCSES is a Hungarian national who was born in 1926, lives in VeszprémKlara Ilona KINCSES is a Hungarian national who was born in 1953, lives in Veszprém     Karoly KIS is a Hungarian national who was born in 1953, lives in Mohács     Gyorgy KISS is a Hungarian national who was born in 1948, lives in Geresdlak     Istvan KISS is a Hungarian national who was born in 1947, lives in Palotabozsok     Sandor KISS-SEBOK is a Hungarian national who was born in 1946, lives in Balatonfüred     Zoltan Gyorgy KLIEBERT is a Hungarian national who was born in 1952, lives in Babarc     Attila KOSTYAK is a Hungarian national who was born in 1979, lives in Mohács     Gabor KOVACS is a Hungarian national who was born in 1945, lives in Szentantalfa     Gabor Attila KOVACS is a Hungarian national who was born in 1979, lives in Szentantalfa     Gaborne KOVACS is a Hungarian national who was born in 1952, lives in Szentantalfa     Janos KOVACS is a Hungarian national who was born in 1940, lives in Mohács     Miklos KOVACS is a Hungarian national who was born in 1951, lives in Göröcsönydoboka     Andrasne KRAFT is a Hungarian national who was born in 1949, lives in Himesháza     Adam KRAMMER is a Hungarian national who was born in 1953, lives in Bátaszék     Rita KULTNE MATYAS is a Hungarian national who was born in 1956, lives in Mohács     Sandor KURUCZ is a Hungarian national who was born in 1965, lives in Veszprém     Balazs LAKATOS is a Hungarian national who was born in 1990, lives in Veszprém     Eva LAKATOS is a Hungarian national who was born in 1960, lives in Budapest     Judit LAKATOS is a Hungarian national who was born in 1986, lives in Budapest     Peter LAKATOS is a Hungarian national who was born in 1985, lives in Budapest     Antal LAKATOS is a Hungarian national who was born in 1963, lives in Veszprém     Antal LAKATOS is a Hungarian national who was born in 1986, lives in Veszprém     Eszter LAKATOS is a Hungarian national who was born in 1985, lives in Budapest     Laszlo Antalne LESCHING is a Hungarian national who was born in 1949, lives in Mohács     Janos LINK is a Hungarian national who was born in 1960, lives in Geresdlak     Adam LOVASZ is a Hungarian national who was born in 1992, lives in Bóly     Ildiko Anna LOVASZ is a Hungarian national who was born in 1964, lives in Bóly     Jozsef LOVASZ is a Hungarian national who was born in 1961, lives in Bóly     Jozsef MARKOVICS is a Hungarian national who was born in 1943, lives in Mohács     Lazarne MARTON is a Hungarian national who was born in 1951, lives in Gárdony     Attila Vince MATRAI is a Hungarian national who was born in 1953, lives in Mohács     Zoltan MEZEY is a Hungarian national who was born in 1947, lives in Mohács     Lajos MOD is a Hungarian national who was born in 1942, lives in Mohács     Karoly MOLNAR is a Hungarian national who was born in 1945, lives in Dunaszekcső     Martonne MOLNAR is a Hungarian national who was born in 1953, lives in Veszprém     Janos MORO is a Hungarian national who was born in 1954, lives in Zánka     Janosne MORO is a Hungarian national who was born in 1956, lives in Zánka     Ambrus MÜLLER is a Hungarian national who was born in 1938, lives in Mohács     Janos MUTH is a Hungarian national who was born in 1952, lives in Geresdlak     Belane NAGY is a Hungarian national who was born in 1952, lives in Lánycsók     Emilne NAGY is a Hungarian national who was born in 1936, lives in Pécs     Gaborne NAGY is a Hungarian national, lives in Nemesvámos     Lajos NAGY is a Hungarian national who was born in 1939, lives in Kapolcs     Laszlo Jozsef NAGY is a Hungarian national who was born in 1957, lives in Nagyvázsony     Norbert NAGY is a Hungarian national who was born in 1982, lives in Mohács     Sandor Imrene NAGY is a Hungarian national who was born in 1955, lives in Mohács     Istvan NEMETVARGA is a Hungarian national who was born in 1962, lives in Homorúd     Gabriella NYIRONE PANGHY is a Hungarian national who was born in 1960, lives in Somberek     Istvan Gabor NYUL is a Hungarian national who was born in 1968, lives in Mohács     Istvan Janos NYUL is a Hungarian national who was born in 1940, lives in Mohács     Istvan Janosne NYUL is a Hungarian national who was born in 1938, lives in Mohács     Zoltan Istvan NYUL is a Hungarian national who was born in 1967, lives in Pécs     Robert PAIZS is a Hungarian national who was born in 1978, lives in Pécs     Zoltan PAKUSZA is a Hungarian national who was born in 1954, lives in Székelyszabar     Endre Tamas PAP is a Hungarian national who was born in 1972, lives in Budapest     Endre Kalman PAP is a Hungarian national who was born in 1941, lives in Budapest     Zita Maria PAP is a Hungarian national, lives in Budapest     Gabor PAPP is a Hungarian national who was born in 1972, lives in Veszprém     Gaborne PAPP is a Hungarian national who was born in 1979, lives in Veszprém     Laszlo PAVEL is a Hungarian national who was born in 1963, lives in Mohács     Gabor PAVKOVICS is a Hungarian national who was born in 1969, lives in Mohács     Tamas PAVKOVICS is a Hungarian national who was born in 1968, lives in Mohács     Erika Anna PAVKOVICSNE HEGEDUS is a Hungarian national who was born in 1969, lives in Mohács     Gitta Szilvia PAVKOVICSNE SZÜCS is a Hungarian national who was born in 1971, lives in Mohács     Gyulane PETER is a Hungarian national who was born in 1959, lives in Somberek     Jozsef PETER is a Hungarian national who was born in 1939, lives in Palotabozsok     Alexandra PETHES is a Hungarian national who was born in 1989, lives in Véménd     Csaba PETHES is a Hungarian national who was born in 1985, lives in Véménd     Csaba Sandor PETHES is a Hungarian national who was born in 1958, lives in Véménd     Csaba Sandorne PETHES is a Hungarian national who was born in 1967, lives in Véménd     Balazs PETHO is a Hungarian national who was born in 1977, lives in Balatonfüred     Csaba PETHO is a Hungarian national who was born in 1979, lives in Balatonfüred     Jeno PETHO is a Hungarian national, lives in Balatonfüred     Agnes PETHONE SCHULCZ is a Hungarian national who was born in 1956, lives in Balatonfüred     Eva Maria PETZ is a Hungarian national who was born in 1961, lives in Mohács     Balazs PINTER is a Hungarian national who was born in 1977, lives in Balatonfüred     Peter PINTER is a Hungarian national who was born in 1975, lives in Aszófő     Sandor PINTER is a Hungarian national who was born in 1945, lives in Aszófő     Renata Ildiko PONGRACZNE KOVACS is a Hungarian national who was born in 1977, lives in Szentantalfa     Gyorgyne PURMANN is a Hungarian national who was born in 1958, lives in Somberek     Edina Zsuzsanna RAPPAL is a Hungarian national who was born in 1962, lives in Mohács     Benjamin RITZL is a Hungarian national who was born in 1991, lives in Somberek     Janosne RITZL is a Hungarian national who was born in 1957, lives in Göröcsönydoboka     Jozsef RITZL is a Hungarian national who was born in 1968, lives in Somberek     Anita RITZLNE AUTH is a Hungarian national who was born in 1971, lives in Somberek     Albert ROSTA is a Hungarian national who was born in 1951, lives in Ajka     Szilvia SAJNOVICSNE PAPP is a Hungarian national who was born in 1973, lives in Pécs     Andras SCHAFFER is a Hungarian national who was born in 1984, lives in Mohács     Judit SCHAFFER is a Hungarian national who was born in 1987, lives in Mohács     Robert SCHAFFER is a Hungarian national who was born in 1954, lives in Mohács     Ferenc Janos SCHAUER is a Hungarian national who was born in 1948, lives in Somberek     Andras SCHMALCZ is a Hungarian national who was born in 1984, lives in Pécs     Adamne SCHMIDT is a Hungarian national who was born in 1952, lives in Mohács     Eva SCHMIDTNE MARI is a Hungarian national who was born in 1971, lives in Dunaszekcső     Dezso SCHWOY is a Hungarian national who was born in 1960, lives in Mohács     Zsolt Denesne SIMONYI is a Hungarian national who was born in 1950, lives in Pécs     Akos STADLER is a Hungarian national who was born in 1979, lives in Veszprém     Emese Gabriella STADLER is a Hungarian national who was born in 1969, lives in Veszprém     Ferenc Janos STADLER is a Hungarian national who was born in 1946, lives in Nemesvámos     Gabor STADLER is a Hungarian national who was born in 1970, lives in Veszprém     Laszlo STEIXNER is a Hungarian national who was born in 1946, lives in Szentjakabfa     Janosne STOLCZ is a Hungarian national who was born in 1959, lives in Geresdlak     Antal STRENNER is a Hungarian national who was born in 1963, lives in Veszprém     Zoltanne STRENNER is a Hungarian national who was born in 1935, lives in Veszprém     Istvan SVEGER is a Hungarian national who was born in 1952, lives in Mohács     Lajos SZALAY is a Hungarian national who was born in 1939, lives in Balatonszőlős     Zoltan Tamas SZARKA is a Hungarian national who was born in 1967, lives in Pécs     Belane SZEKERES is a Hungarian national who was born in 1946, lives in Révfülöp     Karoly Peter SZIROM is a Hungarian national who was born in 1953, lives in Pécs     Jozsef SZOMBATI is a Hungarian national who was born in 1943, lives in Nagyvázsony     Jozsefne SZOMBATI is a Hungarian national who was born in 1949, lives in Nagyvázsony     Janos Tiborne TAKACS is a Hungarian national who was born in 1953, lives in Lánycsók     Laszlo TAKACS is a Hungarian national who was born in 1964, lives in Palotabozsok     Ferencne TAKACS NAGY is a Hungarian national who was born in 1964, lives in Somberek     Marianna TAKACSNE HIGLI is a Hungarian national who was born in 1966, lives in Veszprém     Katalin TAKACSNE OBERT is a Hungarian national who was born in 1964, lives in Palotabozsok     Janosne TILL is a Hungarian national who was born in 1953, lives in Véménd     Gabor Tamas TORJAY is a Hungarian national who was born in 1969, lives in Mohács     Gabor TOTH is a Hungarian national who was born in 1955, lives in Révfülöp     Gabriella TOTHNE NYIRO is a Hungarian national who was born in 1981, lives in Szekszárd     Jozsef TRAPP is a Hungarian national who was born in 1957, lives in Palotabozsok     Jozsefne TRAPP is a Hungarian national who was born in 1960, lives in Palotabozsok     Jozsef TROSZT is a Hungarian national who was born in 1961, lives in Göröcsönydoboka     Gabriella TUTTINE MERKLER is a Hungarian national who was born in 1967, lives in Kölked     Laszlone VAJDA is a Hungarian national who was born in 1959, lives in Veszprém     Lorinc VARGA is a Hungarian national, lives in Nemesvámos     Gyorgy Sandor VARGA is a Hungarian national who was born in 1948, lives in Lánycsók     Peter Ferenc VARGA is a Hungarian national who was born in 1952, lives in Mohács     Antalne VARHEGYI is a Hungarian national who was born in 1947, lives in Lánycsók     Gyula VASS is a Hungarian national, lives in Zánka     Gyulane VASS is a Hungarian national who was born in 1954, lives in Zánka     Laszlo VEINER is a Hungarian national who was born in 1980, lives in Zánka     Tivadar VILLANYI is a Hungarian national who was born in 1958, lives in Veszprém     Gyorgy Janos WERNER is a Hungarian national who was born in 1950, lives in Mohács     Janos WERNER is a Hungarian national who was born in 1954, lives in Himesháza     Janosne WERNER is a Hungarian national who was born in 1959, lives in Himesháza     Istvan ZAB is a Hungarian national who was born in 1963, lives in Lánycsók     Orsolya ZEILER is a Hungarian national who was born in 1973, lives in Romonya     Mihaly ZOMBIK is a Hungarian national who was born in 1954, lives in Nemesvámos     Mihaly ZOMBIK is a Hungarian national, lives in Nemesvámos     Nora ZOMBIK is a Hungarian national who was born in 1987, lives in Nemesvámos     Gyorgyne ZSIFKOVICS is a Hungarian national who was born in 1939, lives in Lánycsók     Janos ZSOLDOS is a Hungarian national, lives in Balatonszepezd

 

Full & Egal Universal Law Academy