Banking & finance
Our attorneys lend a hand to Canadian lumber wholesaler in settling cross-border dispute | LEADELL Deals and Cases
18.05.2022 LEADELLA Canadian lumber company, which had concluded a transaction with a Latvian company, found itself in an intricate cross-border dispute over the receipt of a low-quality product. After involving oneself in resolving the dispute, LEADELL Vītols attorneys discovered that the parties’ liability had not been thoroughly stipulated in the...
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 moreAttorney at law Ilze Jankeviča consults a newspaper regarding guarantor’s liability
07.04.2017 LEADELLAttorney at law Ilze Jankeviča of LEADELL Fogels, Vītols & Paipa consulted the newspaper Ievas Padomu avīze in preparation of the magazine’s article “Guarantor – hostage of a debt?”, as well as expresses her point of view regarding the guarantor’s liability when a guarantee agreement is concluded. Quote from...
Read moreMortgage registered in State Land Service has the same effect as of Land Register
11.11.2016 LEADELLLaw office LEADELL Fogels, Vītols & Paipa successfully represented the interest of the client in a court dispute regarding enforcement of mortgage rights. The court accepted the opinion of attorneys of law office that mortgage entered in State Land Service but is not registered in Land Register, has the...
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 moreLiability of the Guarantor when the Principal Debtor’s Liabilities are Discharged through Insolvency Proceedings
12.01.2016 LeadellFVP attorney at law Ilze Jankeviča has expressed her opinion on how the regulatory standards of guarantee institutions are to be interpreted when a principal debtor’s liabilities are discharged through insolvency proceedings. The article was published in the “Jurista Vārds” periodical. You can read the article in Latvian here....
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