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On 18 March 2021, the Latvian Parliament adopted amendments to the Latvian Law on the Suppression of Consequences of the Spread of COVID-19 Infection (“the Latvian Covid-19 Law”) that provide for a further extension of the insolvency moratorium. Suspension of creditors’ right to file for insolvency Pursuant to the amendments to Article 22, Paragraph 1 […]
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Senior associate Edvīns Draba has contributed to the joint project by INSOL Europe and LexisPSL on ‘How EU Member States recognise insolvency and restructuring proceedings of a third country’, providing an outline on the recognition of insolvency and restructuring proceedings commenced outside the European Union, and, in particular, English restructuring proceedings, in Latvia. Full report […]
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INSOL Europe continues their Coffee Breaks: Connecting Minds series established in 2020. This year, the INSOL Europe Country Coordinators will share their experiences with representatives from their local associations, highlighting the reforms and challenges of the national insolvency framework to address the current crisis and other key issues in their jurisdiction. Watch our senior associate Edvīns Draba’s participation in a […]
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On 23 December 2020, amendments to the Latvian Law on the Suppression of Consequences of the Spread of COVID-19 Infection (the “Latvian Covid-19 Law”) that provide for changes to the regulation of insolvency proceedings came into force. Reimposed suspension of creditors’ right to file for insolvency Pursuant to the amendments to Article 22 Paragraph 1 […]
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Keep up to date and stay informed about the latest developments! Watch our senior associate Edvīns Draba’s participation in a COVID Coffee Break webinar here. Other INSOL Europe webinars related to the COVID-19 situation are available here.
