Seismic fine|One of the main banks in Czechia, ÄSOB, this week lost a years-long legal dispute against a paper company called ICEC-Holding. It must now pay a hefty CZK 3.7 billion in compensation. The affair began in 1999, when ICEC-Holding sued a company that was later acquired by ÄSOB, causing the bank to inherit the legal dispute. Novinky.cz writes that a âbreach of contractual obligationsâ â namely the illegal acquisition of a paper mill in the 1990s â led to the case going to court. For context, ÄSOB posted a profit of CZK 14.3 billion last year.