Corporate & commercial
Similarities and differences in the right of employers to demand vaccination from employees in the Baltic States | LEADELL Academy
15.11.2021 LEADELLTo protect both the people and the economy, Baltic States have been making serious efforts to contain and control the spread of the Covid-19 virus. All three countries have developed and implemented unique approaches for managing the spread of the virus. Given that legislation often “lags one step behind”...
Read moreEmployers Right to demand Vaccination from Employees in Baltic States | Newsletter #3
04.11.2021 LEADELLTogether with Estonian and Lithuanian colleagues we analyzed whether, how and when the employer has the right to demand from the employees to be vaccinated against Covid-19. EMPLOYERS RIGHT TO DEMAND VACCINATION FROM EMPLOYEES
Read moreDeclaration of the Emergency Situation: impact on employment relations | LEADELL Academy
04.11.2021 LEADELLOn 9 October 2021, the Cabinet of Ministers of the Republic of Latvia adopted Order No. 720 “Regarding Declaration of the Emergency Situation” (hereinafter – the Order), declaring an emergency situation in the entire territory of the state from 11 October 2021 until 11 January 2022. In collaboration with...
Read moreAlternative information to be included in the employment contract | LEADELL Academy
03.02.2021 LEADELLContinuing the series of articles on the information to be included in the employment contract, in the final article we will look at the information that can be included in the employment contract based on an agreement of the parties. There are a number of details to be included...
Read moreForeign branches and representative offices should not miss the deadline | LEADELL Academy
19.11.2020 LEADELLWhere and by which date to register true beneficiaries? Amendments to the law stipulate that the true beneficiaries must be revealed until 1 January 2021. If the branch or representative office is registered in the Register of Enterprises of the Republic of Latvia, the information on the beneficial owners...
Read moreWhat do you need to know about the parties and the terms of the employment contract? | LEADELL Academy
19.10.2020 LEADELLAn employment contract is a fundamental document that governs the employer-employee relationship, henceforth, it is important understand its components and be aware of their purport. In cooperation with the magazine “iTiesības”, we begin a series of articles in which we are going to explain the nuances of the employment...
Read moreIs it mandatory to include information on working time, leave and time period for giving a notice of termination in the employment contract? | LEADELL Academy
13.10.2020 LEADELLContinuing the series of articles on the information to be included in the employment contract, this time we will look at the information that must be included in the employment contract, as well as the information that can be included on an optional basis, i.e. based on an agreement...
Read moreWhat should be specified in the contract regarding the employee’s occupation and remuneration? | LEADELL Academy
03.10.2020 LEADELLContinuing the series of articles on the information to be included in the employment contract, we will look at the information that must be indicated in the contract regarding employee’s occupation and remuneration. Choosing the occupation in conformity with the Classification of Occupations The Labour Law (LL) stipulates that...
Read moreBranches and representative offices of foreign entities must reveal their true beneficiaries | LEADELL Academy
05.08.2020 LEADELLWhen the requirement to register beneficial owners comes into force? As of 1 July 2020, branches and representative offices of foreign entities registered in Latvia are obliged to register information on their beneficial owners. This obligation follows from the amendments to the Law on the Prevention of Money Laundering and Terrorist and...
Read moreExperts in financial and corporate law In the latest edition of 2020, IFLR1000, the world’s leading guide to financial firms, has recognised LEADELL as experts on financial and corporate law. Customer feedback The principle of research in such independent evaluators is mainly based on customer survey and reporting,...
Read more“Mandatory disclosure of true beneficiaries in the Baltic States – terms, procedures, problems” REGULATION OF THE TRUE BENEFICIARIES The legal requirements related to prevention of money laundering and terrorist financing are growing. As a result, companies and their management face problems and high requirements implementing legislation. The European Parliament and...
Read moreOn 26 February 2018 the shareholders of ABLV Bank, AS took a decision about self-liquidation of the credit institution and the decision of the Financial and Capital Market Commission of 12 June 2018 allowed to implement the process of self-liquidation. In case of liquidation of a credit institution, it is important...
Read moreWe have just received a feedback from our client “Achema Group” about the case that has recently been closed where transfer of UAB “Litagra” trading business and grain elevator network in Lithuania and Latvia has been made to the “Achema Group”. Transaction amount – more than EUR 25 million which...
Read moreWe have just received a feedback from our client “Achema Group” about the case that has recently been closed where transfer of UAB “Litagra” trading business and grain elevator network in Lithuania and Latvia has been made to the “Achema Group”. “The legal due diligence in Litagra’s buying case was...
Read moreYear 2018 will come with some significant tax reforms in Latvia and Estonia affecting businesses of all size. Latvia is introducing 0% tax rate on reinvested profit, Estonia is lowering the income tax rate for regular profit distribution and other measures to improve the competitiveness of each country are...
Read moreLEADELL helps to fight debtor’s attempt to conceal its assets in a debt recovery case
08.11.2017 LeadellThe law office has successfully represented interests of its client in a dispute over a debtor attempt to conceal its assets from debt collection. According to the information furnished by the client, during debt collection the debtor attempted to conceal company capital shares owned by him through disposing them...
Read moreWe have received feedback from our client, Satema Baltic, for legal support in resolving the work dispute. “Your office successfully helped our company resolve the issue of labor dispute. The work was done to an even greater extent than we expected. We are also satisfied with the documents produced by your office for...
Read moreLaw office LEADELL represented in the Baltic States is pleased to announce that one more office has just been opened in Brussels (Belgium). In total, the representative office in Brussels is the fifth office of LEADELL law offices. The main goal of expansion of our law offices is to...
Read moreLEADELL assisted UAB “ACHEMOS GRUPE” in receiving a permission from The Competition Council of the Republic of Latvia
17.05.2017 LEADELLOn 3 May, The Competition Council of the Republic of Latvia (the CC) made a decision to allow the owners of SIA AGROCHEMA LATVIA and SIA GASCHEMA – the UAB koncernas “ACHEMOS GRUPE’’, that is registered in Lithuania, to purchase assets of Lithuanian company UAB “LITAGRA”. The CC`s made...
Read moreLEADELL Latvian and Estonian offices consulting client on employment issues with cross-border elements
28.02.2017 LEADELLAttorney at law Ilze Jankeviča of LEADELL Fogels, Vitols & Paipa together with attorney at law Pirkka Marja-Põldvere and lawyer Irina Meldjuk of LEADELL Pilv provided legal advice on applicable laws and regulations in a situation where Estonian law is stated as applicable law in employment contract between employer...
Read moreThe managing partner Kārlis Vītols expresses his point of view in the newspaper Dienas Bizness regarding the most significant topicalities in the legal field in 2016 (click here to read the entire point of view in Latvian). A quote from the point of view: “(..) Owing to the fact...
Read moreLaw office LEADELL Fogels, Vītols & Paipa successfully represents the client in employment dispute
25.11.2016 LEADELLLaw office LEADELL Fogels, Vītols & Paipa successfully represented before the court the interests of the client (employer) in an employment dispute. After analysing the opinion of Attorneys at law of law office and submitted evidences, the court found valid employer’s notice of termination. Notice of termination was based...
Read moreIn a case regarding the responsibility of a guarantor in the insolvency proceedings of a principal debtor – individual person, the Department of Civil Cases of the Supreme Court of the Republic of Latvia recognised that also in the event when the procedure for cancelling the obligation of the...
Read moreFVP Attorney at law Jevgēnija Ziņģe has expressed her opinion on the liability of board members in the event of business insolvency, tax debts and other financial issues – How to Keep Your Business in the Labyrinths of Liability (click here to read the entire article in Latvian) A...
Read moreZAB “Fogels, Vītols un Paipa” Managing Partner Kārlis Vītols has expressed his opinion on 2014/2015 trends in business and the legal industry in the 2015 edition of TOP500. Notable quotes: “(..) The General Data Protection Regulation will see the light of day very soon, and it will be implemented...
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