Apr 22, 2023Proceedings regarding criminally acquired propertyProceeds of Crime The definition of proceeds of crime is stipulated in Article 70.11, paragraph 1 and 11 of the Criminal Law: (1)...
Oct 10, 2022The detainer rights/ the right of retention in private lawAccording to Article 1732 of the Civil Law, obligation rights, like all other private rights, shall be protected only through the courts;...
Sep 20, 2022Group of Companies Law in LatviaA group of companies is regulated by a specially designed code of Group of Companies Law (Koncernu likums). A group of companies is an...
Jul 16, 2022Beneficial OwnerThe concept of beneficial owner is based on the presumption that a legal person or legal arrangements are fictional person in law, which...
May 9, 2022Prevention of Money Laundering (anti-money laundering - AML)In private law “ everything which is not forbidden is allowed”, so a person has broad range how to structure transactions and cash flow....
Mar 22, 2022Debt recovery in a European order for payment procedureA European order for payment procedure simplify, speed up and reduce the costs of litigation in cross-border cases concerning uncontested...
Dec 21, 2021Insolvency proceedings of a natural person with cross-border elements in the Republic of LatviaInsolvency proceedings of a natural person with cross-border elements in the Republic of Latvia The European Union’s internal market...