{"id":1707,"date":"2015-03-03T10:57:50","date_gmt":"2015-03-03T08:57:50","guid":{"rendered":"https:\/\/novius.lv\/?p=1707"},"modified":"2016-06-08T10:58:39","modified_gmt":"2016-06-08T07:58:39","slug":"liability-of-a-board-member-for-non-submission-of-documents-within-the-framework-of-insolvency-proceedings","status":"publish","type":"post","link":"https:\/\/novius.lv\/en\/liability-of-a-board-member-for-non-submission-of-documents-within-the-framework-of-insolvency-proceedings\/","title":{"rendered":"Liability of a Board Member for Non-submission of Documents Within the Framework of Insolvency Proceedings"},"content":{"rendered":"<p>The new framework of the Insolvency Law, which imposes a liability on a board member for non-submission of documents to the insolvency administrator, is rather brief and does not provide more detailed answers to questions, which are of interest for people practising in this field. Therefore the goal of the article is to provide explanation on content, application pre-requisites and restrictions of Section 72.1 of the Insolvency Law. The article pays special attention to the problems of the new board liability framework, for instance, issue of the subject of liability, causality and guilt as pre-requisites of liability, presumption of loss and court&#8217;s rights to reduce the amount of loss.<\/p>\n<p>&nbsp;<\/p>\n<p>Read more \u2013 <a href=\"http:\/\/www.juristavards.lv\/doc\/266216-valdes-locekla-atbildiba-par-dokumentu-nenodosanu-maksatnespejas-procesa-ietvaros\/\">http:\/\/www.juristavards.lv\/doc\/266216-valdes-locekla-atbildiba-par-dokumentu-nenodosanu-maksatnespejas-procesa-ietvaros\/<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The new framework of the Insolvency Law, which imposes a liability on a board member for non-submission of documents to the insolvency administrator, is rather brief and does not provide more detailed answers to questions, which are of interest for people practising in this field. &#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-1707","post","type-post","status-publish","format-standard","hentry","category-uncategorized-en"],"_links":{"self":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/comments?post=1707"}],"version-history":[{"count":1,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1707\/revisions"}],"predecessor-version":[{"id":1708,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1707\/revisions\/1708"}],"wp:attachment":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/media?parent=1707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/categories?post=1707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/tags?post=1707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}