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The Constitutional Court requests the opinion of the Court of Justice of the European Union in the wind farm case regarding possible state aid to Latvenergo
The Constitutional Court of the Republic of Latvia (the CC) has suspended proceedings in the so-called wind farm case and referred it to the Court of Justice of the European Union (the CJEU). The CC seeks clarification from the CJEU in a case brought by several wind farm developers, including Enefit Green SIA, challenging the […]
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European Legal update: 01.04. – 14.04.2025.
Assistant lawyer Erika Pranevičiūtė compiled the material. Tax Council adopts rules to extend cooperation and information exchange between tax authorities to minimum effective corporate taxation Delivered: 14 April 2025 The Council adopted a directive (DAC9) that will extend cooperation and information exchange in the area of minimum effective corporate taxation. The objective of this directive […]
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Latvia: News on filing annual reports and other issues
Deadline for filing annual reports approaching The Law on Annual Financial Statements and Consolidated Financial Statements requires all companies to file an annual report approved by the shareholders’ meeting and auditor’s statement on the annual report (for companies that meet the criteria listed in law, as well as companies whose articles of association or shareholders’ […]
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Life Sciences & Healthcare newsletter, April 2025
In this newsletter, we discuss legal news which affects the pharmaceutical and pharmacy sector. The Commission’s proposal on the Critical Medicines Act will hopefully provide tools for member states to avoid supply chain issues in relation to critical medicines. Interpretations by the Court of Justice of the European Union assist market players to navigate in […]
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New restrictions for Russian citizens from 3 May 2025
On 17 April 2025, the Parliament amended the Law on the Establishment of Restrictive Measures Regarding Military Aggression against Ukraine. The aforementioned law is yet to be signed by the President. Still, it is expected to be done shortly, thus allowing the new statutory restriction to enter into force starting on 3 May 2025. New […]