By a judgment of the Riga District Court on July 21, 2020, the insolvency proceedings of a German citizen in Latvia were declared. The Court, evaluating the provisions of Regulation No. 2015/848 of the European Parliament and of the Council (Insolvency Regulation), concluded that the center of th…

Unlike the commencement of insolvency proceedings of natural persons, an application for insolvency proceedings of a legal person may be submitted to the court not only by the company itself, which is unable to settle its debts, but also by the company’s creditor and employee in cases specified b…

As a result of the work of attorneys and lawyers of the LUMOS office, the client has managed to receive the payment due from the customer within the framework of the construction contract. Turning to the law firm LUMOS, the client had found himself in an unenviable situation ­– on the basis of a …