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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 construction contract, construction works had been performed on the real estate owned by the customer, but no payment had been rec...

A client of LUMOS office has successfully concluded a contract of purchase of real estate for the needs of the plant in the territory of the former Riga Train Wagon Building Plant in the amount of more than 500 thousand euros. Preparation and verification of transaction documentation, as well as identification of risks associated with the transaction, in the interests of the client were performed by the experts of LUMOS off...

The state of emergency due to the spread of the Covid-19 epidemic also affects the relationship between creditors and debtors and the regulation of insolvency proceedings. The Saeima of the Republic of Latvia has adopted the Law “On Measures for Prevention and Management of the Threat to the State and Its Consequences Due to the Proliferation of Covid-19”, which significantly restricts the rights of creditors.