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  • Article

    Latvia – Company Liquidated And Director Fined, And Second Company Fined For Russian Sanctions Breaches

    It is being reported that the Latvian authorities have entered into settlement agreements with two companies and a director of one of the companies in relation to resolving prosecutions for breaches of the EU’s Russian sanctions.
    LatviaInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Regulation of takeover bids changed

    On 13 July 2006 amendments to the Financial Instruments Market Law came into force. The aim of the amendments is to implement the Takeover Directive (Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids). Amendments also clarify several issues that so far were not regulated or were insufficiently regulated.
    LatviaFinance and Banking
    Raidla Lejins & Norcous
    Raidla Lejins & Norcous
  • Article

    Amendments to the Civil Law relating to moral damages and payment delays

    On 1 March 2006 amendments to the Civil Law of Latvia came into force changing the statutory remedies available to contracting parties in cases of payment delays and fine-tuning the statutory rights and requirements concerning claims for compensation of moral damages
    LatviaLitigation, Mediation & Arbitration
    Raidla Lejins & Norcous
    Raidla Lejins & Norcous
  • Article

    Substantial amendments to the Civil Procedure Law

    The Civil Procedure Law has been subject to several substantial amendments in the second half of 2006
    LatviaLitigation, Mediation & Arbitration
    Raidla Lejins & Norcous
    Raidla Lejins & Norcous
  • Article

    Online Discussion: "ESG: A Fashionable Slogan Or Necessity"

    On 11 June 2021 at 11:00 COBALT invites to join the online discussion "ESG: a fashionable slogan or necessity". The third event in the discussion series dedicated to different and essential corporate governance issues.
    LatviaCorporate/Commercial Law
    Cobalt Legal
    Cobalt Legal
  • Article

    A New Regime For Taxation Of Employee Stock Options In Latvia: What Will Change?

    On 17 December 2020 amendments to the Personal Income Tax Law were approved by the Latvian Parliament.
    LatviaTax
    Ius Laboris
    Ius Laboris
  • Article

    CJEU Clarifies The Limits Of Public Access To Shareholder Information Under EU Company Law And The GDPR

    The Court of Justice of the European Union has ruled on the extent to which personal data of minority shareholders in public companies can be disclosed to the general public without conditions. This judgment addresses the tension between business transparency objectives and fundamental rights to privacy and data protection under EU law. The decision examines whether making shareholder information unconditionally available online complies with GDPR requirements and the EU Charter of Fundamental Rights.
    European UnionPrivacy
    Michael Kyprianou & Co. LLC
    Michael Kyprianou & Co. LLC
  • Article

    M&A – Detailed Legal Due Diligence Is Both A Benefit To The Seller And Buyer?

    Latvian law leaves all responsibility for the risks related to selling or buying a company in the hands of the respective parties to the transaction. In turn, sellers and buyers are mostly...
    LatviaCorporate/Commercial Law
    Vilgerts
    Vilgerts
  • Article

    Greater flexibility and new mechanisms introduced by the new Public Procurement Law

    It is expected that public procurement will become more flexible and simpler as a result of the adoption of the new Public Procurement Law, in effect as from 1 May 2006.
    LatviaAntitrust/Competition Law
    Raidla Lejins & Norcous
    Raidla Lejins & Norcous
  • Article

    The First Rule For Safe Investments

    In the last 5-7 years, the topic of investment has not been "off the scene" and has become a regular cause for discussion, podcasts, recordings and opinion pieces. And this time will be no exception.
    LatviaFinance and Banking
    TEGOS (Formerly TGS Baltic)
    TEGOS (Formerly TGS Baltic)
  • Article

    Sustainability Reports For Business: How To Prepare For The Unexpected?

    Sustainability has become a popular topic in all industries. Investors are also paying close attention to this issue, requiring companies to provide adequate and relevant information on their
    LatviaCorporate/Commercial Law
    Ellex
    Ellex
  • Article

    Registro mercantil y protección de datos: La lucha contra el fraude no justifica que un Estado miembro obligue a la publicidad indiscriminada de la identidad de los socios de una sociedad mercantil

    El Tribunal de Justicia de la Unión Europea examina la compatibilidad de la legislación letona que permite el acceso público ilimitado a datos personales de accionistas de sociedades anónimas, incluyendo información de identificación y participación accionarial. ¿Puede un Estado miembro justificar esta transparencia radical en nombre de la prevención del blanqueo de capitales cuando no exige demostrar ningún interés legítimo para acceder a los dato
    LatviaPrivacy
    Gómez-Acebo & Pombo
    Gómez-Acebo & Pombo
  • Article

    Approval And Submission Of Annual Reports

    We want to remind you that the deadline for submitting the annual report to the State Revenue Service (SRS) is approaching for companies whose financial reporting year coincides with the calendar year.
    LatviaCorporate/Commercial Law
    TEGOS (Formerly TGS Baltic)
    TEGOS (Formerly TGS Baltic)
  • Article

    Are The Baltics The Ideal Marketplace For Developing FinTech Companies?

    As a result of the United Kingdom ("UK") exiting the European Union ("EU") on 1 January 2021, a number of financial institutions in the UK lost their "exclusive"...
    European UnionTechnology
    Vilgerts
    Vilgerts
  • Showing 1–14 of 14 results

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