Member Articles

 In response to Russia’s waged and Belarus supported war in Ukraine, Western countries have substantially broadened sanctions on Russia and Belarus, its citizens, individuals, businesses and organizations to stop needless bloodshed in Ukraine. Given sanctions previously imposed on Russia and its associates are still in place, Russia is now a world leader in the level of sanctions imposed ...

I Banking and Finance The Government of Latvia has approved a business support program that provides for financial measures ensured in cooperation with state development agency Altum. The program is planned to continue until mid-2021. Depending on individual needs, companies, regardless of industry, can use six crisis alleviation programs: Working capital loan – a liquidity support for companies, whose activities have been affected by Covid-19 ...

Published in CEE Legal Matters “In terms of national politics, when it comes to Latvia, the word of the day is ‘stability,'“ says Raimonds Slaidins, Senior Partner at Ellex Klavins in Riga ...

In order to stem the spread of COVID-19 in Latvia the emergency situation is extended until 9 June 2020. Until then restrictive measures established by the Government that have serious impact on all sectors of the national economy shall be in effect. The rental housing market is no exception and has encountered a sharp drop in rent and significant changes to the situation on the lease market ...

Modus Operandi for a Tenant who has Become a Hostage of Covid-19 Pandemic The pandemic of Covid-19 disease has turned everybody’s life upside down both professionally and personally ...

In light of the state of emergency declared in the Republic of Latvia as a result of the spread of COVID-19 infection, we have summarized the most essential aspects of the government business support programs.The aggregated information is based on the Act on Measures for Prevention and Management of National Threats and Their Consequences in Relation to COVID 19 Proliferation, in force (amendments) on 05.04.2020 (available here) and other legal acts ...

Associate Partner Sarmis Spilbergs and Associate Mikijs Zimecs have prepared a sample of a Privacy Policy that may help employees to process data related to COVID-19 in accordance with the requirements of the General Data Protection Regulation ...

Considering the state of emergency declared in the Republic of Latvia as a result of the spread of the Covid-19 infection, we have summarized the most important matters to be considered by employers at this time ...

Force Majeure clauses are used in many contracts in the most diverse business areas. These contractual provisions are rarely invoked in practice in Latvia, as the parties usually do not face any circumstances that could qualify as Force Majeure ...