Corporate law

Disputes involving board members and shareholders will be heard by the Economic Court

Amendments have been adopted to the Civil Procedure Law, expanding the jurisdiction of the Economic Court in civil cases. Henceforth, the court will also hear claims regarding damages caused by board members, council members, and founders of capital companies, the acquisition of shares or stocks in capital companies, termination of operations, claims for insurance payouts, […]

Disputes involving board members and shareholders will be heard by the Economic Court Lasīt vairāk »

Henceforth, the UR shall not verify the rights arising from categories of shares or stocks

When receiving a company’s documents for registration, the Register of Enterprises (UR) primarily verifies whether they formally comply with the requirements of regulatory enactments. Private agreements between shareholders (e.g., specific provisions on the sale of shares) are generally not evaluated by the UR; however, an assessment of the compliance of the provisions included in the

Henceforth, the UR shall not verify the rights arising from categories of shares or stocks Lasīt vairāk »

SOME IMPORTANT THINGS TO CONSIDER BEFORE STARTING YOUR BUSINESS

To start a legal business, several aspects and issues are significant, which are not always well-considered before launching. Likewise, a legal entity is required that is permitted to conduct economic activity, namely a merchant, which can be a natural person (individual merchant) or a commercial company, which is a partnership (limited partnership or general partnership)

SOME IMPORTANT THINGS TO CONSIDER BEFORE STARTING YOUR BUSINESS Lasīt vairāk »