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Amendments to the Latvian Law on the Suppression of Consequences of the Spread of COVID-19

Latvia - March 22 2021 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…

Latvia: Changes to the regulation of insolvency proceedings

Latvia - January 12 2021 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…

Latvia: When things get tough. How to deal with debt and liquidity issues?

Latvia - May 11 2020 Many companies will likely be forced to deal with debts and liquidity issues - one must act smart and promptly to keep the problems from snowballing…

COVID-19 related amendments to insolvency regulations in Latvia

Latvia - May 9 2020 Under the Latvian Covid-19 Law, any creditor (including an employee or the tax administration) is precluded from filing an insolvency application…

State loans and loan guarantees in Latvia

Latvia - May 9 2020 In Latvia, state funds are channelled to support businesses through the state development finance institution ALTUM. State loans by the state…