We are glad to announce that LUMOS is moving to new and larger premises. LUMOS wants to grow and our new premises are another step in this development process.  

How to find out about the declaration of insolvency proceedings of the debtor? In order to be able to recover at least a part of the creditor’s claim, the creditor must first be active in monitoring whether the debtor has not been declared insolvent in insolvency proceedings.

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…