News and publications

Successful growth of a company mainly depends on the management path of the board. However, all board members know that in business there are many risks and other factors due to which the company may suffer losses. In accordance with the Commercial Law, board members …

Sworn advocate Evija Novicane, a partner of the law office, spoke at the 75th Annual Scientific Conference of the Faculty of Law, University of Latvia on the topic “Concept of “Honest and Careful Manager” as a Measure for Carefulness (Guilt) of a Board Member”, where …

Ivars Mekons, an expert of international transactions and a practitioner in the field of public procurements, has positive things to say about the new Public Procurement Law adopted by the Parliament. Special recognition should be paid to the introduction of deposits which was already offered …

One might think that the board has complete discretion in deciding how to solve the company’s financial problems. Everyone has to find their own path, as one might even say. However, it should be kept in mind that the Insolvency Law does not allow not …

Advocate Kaspars Novicans from law office NOVIUS gives seminars to the candidates to the position of an administrator of insolvency proceedings on the following topics: “Property management and sale, cession and offset in insolvency proceedings” (time: 14 October 2016) and “Specific characteristics of insolvency proceedings …

Ivars Mekons, an expert of international transactions and a practitioner in the field of public procurements, comments the draft Public Procurement Law supported by the Cabinet of Ministers. Ivars Mekons states that it is important to learn from mistakes with respect to deficiencies of the …

Following the judgment made on 7 June 2016 by the Civil Matters Department of the Supreme Court, Republic of Latvia in matter No. SKC-7/2016, the case-law pertaining to liability of a board member was changed, recognizing that in the event of insolvency of a company, …

Kaspars Novicans, the managing partner of law office NOVIUS, participated in LTV1 broadcast “Direct speech” where he, Dzintars Rasnacs, the Minister of Justice, journalist Indra Sprance, Girts Greiskalns, the executive director of the Foreign Investors’ Council, Andrejs Grisins, the Chief of the Main Criminal Police …

Ivars Mekons, an expert of international transactions and a practitioner in the field of public procurements, comments amendments to the Public Procurement Law pushed by the Parliament according to urgency procedures with respect to eased procurement procedure for several procurements in the field of consultations …