Klaipėdos administratoriai, represented in court by our team, won a dispute over its removal from the post of bankruptcy administrator. The Lithuanian Court of Appeal found that a creditor seeking to remove our client did not have the right to apply for the administrator’s removal because its claim was less than the minimum amount set […]
Publication / Ieva Andersone, Jūlija Terjuhana, Private: Gunvaldis Leitens
Development of a new Latvian regulation on qualifications for data protection officers is in process. The SDI will be responsible for the exam procedure. Unlike previous regulations, the new ones do not set special requirements for candidates who want to take the exam. The draft regulations state that exams will be announced at least two […]
Publication / Ieva Andersone, Jūlija Terjuhana, Private: Gunvaldis Leitens
Insufficient data protection solutions in a bank Country: Bulgaria Fine: EUR 511,200 A Bulgarian bank has been punished for leaving its 33,492 customers’ personal data without appropriate protection. The case was initiated following notice from a third party that it had free access to the bank’s customer information. After internal inspection, penetration of the bank’s […]
Publication / Ieva Andersone, Jūlija Terjuhana, Private: Gunvaldis Leitens
Director Daiga Avdejanova of the State Data Inspectorate (SDI) informed the public about the work that the organisation has been performing for the last year since the GDPR (General Data Protection Regulation) came into force. During this time span, 140 cases of non-compliance with GDPR requirements have been detected. Of these, fines were imposed in […]
We assisted Mogo Credit, a Belarusian leasing company and a part of the Mogo Group, with refinancing its leasing portfolio via Mintos marketplace. About Mogo and Mintos Mogo Group is one of the largest used-car financing companies in Europe. Mogo credit was founded in 2018 and by 30 June 2019 already had a net leasing […]