Legal Office RER Lextal NEWS
Principles and Practice of Cross-Border Insolvency

As of January 22, 2021, the lecture course “Principles and Practice of Cross-Border Insolvency” takes place. The course is organized by the Ministry of Justice of the Republic of Latvia in cooperation with the European Bank for Reconstruction and Development as well as the European Commission within the project “Support for Debt Restructuring in Latvia” financed by the European Commission Structural Reform Support Program.
Jânis Eðenvalds an administrator of insolvency proceedings, a sworn advocate and a partner of Law office Rasa, Eðenvalds & Radziòð, has been invited to participate as one of the study leaders and lecturers besides judges Pete Neitj (Netherlands) and Eberhard Nietzer (Germany).
The learning objective is for the participants to develop competence in cross-border insolvency proceedings and to improve the ability to apply the regulation in practice.
During the training, participants are introduced to the regulations and practical use of cross-border insolvency proceedings, engaged in resolving practical case examples, and are invited to reflect on the challenges posed by Regulation (EU) of the European Parliament and of the Council of 20 May 2015. No. 2015/848.
Lectures during the course continue throughout February and March 2021. Professionals of the field (judges, lawyers, administrators, etc.) have the opportunity to apply for participation in the upcoming lectures.
Topicalities:
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A favorable judgement of the Court of Economic Affairs for the client entered into force
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Legal proceedings of the Client regarding recovery of damages have been successfully completed
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The arrest of the RER Lextal client’s funds and the process of criminally acquired property has been abolished
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The Constitutional court of the Republic of Latvia has turned to the Court of Justice of the European Union in two cases of a RER Lextal clients.
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The legal framework, requirements, and benefits of whistleblowing.