On 3 March 2022, the Parliament (in Latvian – Saeima) of the Republic of Latvia at the second final reading adopted the Law on the Support of the Ukrainian Civilians. The purpose of the Law is to provide support for the civilian population of Ukraine, who leave Ukraine or are prevented from returning to Ukraine […]
In developing e-commerce regulation, the European Union (EU) has adopted a number of directives to improve the regulation of transactions and online commerce in digital goods and services, including Directive 2019/770,[1] Directive 2019/771[2] and the “Omnibus Directive”.[3] Amendments to the Consumer Rights Protection Law (CRPL)[4] and related regulations of the Cabinet of Ministers, which will […]
New changes in legislation to provide more efficient protection for consumers and to better regulate contracts on providing digital content and digital services. In January and May 2022, new important legislation changes will come into force in EU member states. The changes result from the: 1) Directive on the better enforcement and modernisation of Union […]
The EMF-ECBC is pleased to present the latest edition of the ECBC European Covered Bond Fact Book, which builds upon the success of previous editions to cement its place as the definitive source of information in terms of market, regulatory and legislative developments and statistical data on the covered bond asset class. With excellent contributions […]
Publication / Katrīna Bičevska, Agita Sprūde, Agneta Rumpa, Valts Nerets, Elvis Grinbergs, Raul Kartsep, Nils-Gregory Aer, Jürgen Adamson, Valeria Dubeshka, Palina Maslionkina, Ieva Rimavičienė
For business, dispute resolution is an unnecessary cost that must be avoided as much as possible. Experience shows that parties rarely pay much attention to the dispute resolution mechanisms in their contracts. Because of this, referring to the dispute resolution provision in a contract as the “midnight clause” or as the “champagne clause” makes perfect […]