Opinion

The Impact of Establishing Contributory Negligence on Determining the Amount of Compensation

The Law on Compensation for Damages Caused by State Administrative Institutions (Compensation Law) grants a private individual the right to compensation for pecuniary loss or non-pecuniary harm in administrative proceedings caused by an unlawful administrative act or unlawful actual action of a state administrative institution. In judicial practice, there are several cases where the court […]

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Sanctions Guide for Entrepreneurs

Every entrepreneur’s goal is to build a successful business and generate profit. A large number of entrepreneurs are focused on finding new clients, attracting additional funding, and business growth, and they lack the time or simply the desire to deal with bureaucracy and processes that do not generate profit. Such processes include checking existing or

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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)

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The Corporate Sustainability Reporting Directive is no joke, but an inevitable reality

Today, we increasingly hear words like “sustainability” or “ilgtspēja”; unfortunately, for many entrepreneurs, these words are as understandable as abracadabra magic words. We live in a world of limited resources, and in a society with diverse desires and interests, it is essential to find a balance between society’s (including future generations’) interest in living in

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