Law and Regulations

International Internet Magazine. Baltic States news & analytics Wednesday, 23.05.2018, 09:54

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Illegal deprivation of business is legal

Illegal deprivation of business is legal

22.05.2018

Every type of commercial activity is invariably fraught with risks. Price changes, demands for goods and services, and other similar things belong to the category of the external risks, some of which are not completely foreseeable. The internal risks, however, implies a conflict within the company.

Keyword tags: Latvia, Law and Regulations, Legal Counsel, Legislation, Markets and Companies



Steinbuka: Latvia's litigation with EU Commission over crabbing boat arrested in Norway to be long

Steinbuka: Latvia's litigation with EU Commission over crabbing boat arrested in Norway to be long

09.05.2018

The litigation with the European Commission over the arrest of a Latvian crabbing boat in Norway is going to be long, Inna Steinbuka, the head of the European Commission Representation in Latvia, said on the LNT commercial television on May 9th, cites LETA.

Latvian president backs year-long allowance for deceased pensioners' surviving spouses

Latvian president backs year-long allowance for deceased pensioners' surviving spouses

02.05.2018

The Saeima-approved legislative amendments according to which surviving spouses of deceased pensioners will be receiving 50 percent of their late spouse's pension for a period of twelve months, have won President Raimonds Vejonis' support and are likely to be promulgated, informs LETA.


Bill on shell companies upheld for first reading in Latvia

Bill on shell companies upheld for first reading in Latvia

17.04.2018

The Latvian parliamentary committee on defense, interior affairs and corruption prevention today upheld for the first reading in the parliament the bill about restrictions on financial operations by high-risk customers in the Latvian finance sector, informs LETA.

Saeima in Latvia passes bill allowing law enforcement authorities to analyze air passenger data

Saeima in Latvia passes bill allowing law enforcement authorities to analyze air passenger data

12.04.2018

Saeima in Latvia today passed in the second reading legislative amendments allowing law enforcement authorities to analyze air passengers’ data in order to solve 26 types of crime, including industrial spying and organ trafficking, reports LETA.


12.04.2018

Court rules caps on compulsory rent charge unconstitutional in Latvia

The Latvian Constitutional Court has ruled the legislative amendments that put caps on compulsory rent charge unconstitutional, and the provisions will become invalid as of May 1, 2019, informs LETA.

10.04.2018

Real jail terms slapped on defendants in Latvenergo corruption case

The Riga Regional Court on April 9th slapped real jail terms on Latvenergo power utility’s former vice-president Aigars Melko, the company’s technical director Gunars Cvetkovs and Energy Consulting head Andrejs Livanovics, the court reported LETA.

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