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Prohibition of re-exporting goods to Russia
Pursuant to the amendments to the European Union (EU) Regulation No. 833/2014, concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine (the Regulation) adopted on 18 December 2023, as of 20 March 2024 exporters of various categories of goods are obliged to include in their purchase or supply contracts a clause […]
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Financial and insurance law news 29.09.-11.10.
Asking for a loan will be safer in the EU after the Council’s final approval of the Consumer Credit Directive Adopted – 9 October 2023 The Council of the European Union has voted to adopt the proposed directive (CCD II) which will revise and replace the Consumer Credit Directive (2008/48/EC) (CCD). In short, CCD II […]
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EU Dictionary of Insolvency Terms
We contributed to the EU Dictionary of Insolvency Terms, prepared by the international law firm DLA Piper, as regards the insolvency and restructuring legal frameworks in Latvia, Lithuania and Estonia. This invaluable resource provides a concise overview of all the corporate, personal and partnership insolvency proceedings for each EU member state. Each proceeding is briefly […]
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The most important aspects regarding amendments to the National Security Law of Latvia
We invite merchants operating in the fields of defence, electronic communications, mass media, electricity, heating supply and natural gas circulation to pay special attention to this news. On 14 November, amendments to the National Security Law (the Law) adopted by the Saeima entered into force. With these amendments, the range of subjects to which the […]