En.lsm.lv: “Latvijas Gāze” dividends payment to Russian companies challenged in court

How correct is it that the Latvian gas company “Latvijas gāze” paid out several million euros in dividends to Russian state companies on its profits last summer? This question has been brought to court. Energy prices soared around the world after Russia’s full-scale invasion of Ukraine. This helped energy companies, including Latvijas gāze, to make good profits. […]

European Legal update 17.04. – 30.04.

Assistant lawyer  Natālija Ķīse compiled the material.        Data protection Fashion online retailer, Shein, to comply with more stringent DSA rules Published: 26 April 2024 Shein, an online fashion store with over 45 million monthly visitors in the EU, has been officially classified as a Very Large Online Platform (VLOP) by the Commission today in […]

Baltic Banking Industry Data Protection Officer Forum

European Legal update 01.04. – 16.04.

Assistant lawyer  Natālija Ķīse compiled the material.      ESG ECtHR delivers three Grand Chamber rulings in cases concerning climate change Issued: 9 April 2024 The European Court of Human Rights issued rulings in three climate change-related cases, emphasising the relationship between environmental issues and human rights. Verein KlimaSeniorinnen Schweiz and Others v. Switzerland, Carême […]

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 […]