{"id":1739,"date":"2014-01-28T11:18:46","date_gmt":"2014-01-28T09:18:46","guid":{"rendered":"https:\/\/novius.lv\/?p=1739"},"modified":"2016-06-08T11:19:26","modified_gmt":"2016-06-08T08:19:26","slug":"liability-of-a-board-member-for-undue-submission-of-insolvency-application","status":"publish","type":"post","link":"https:\/\/novius.lv\/en\/liability-of-a-board-member-for-undue-submission-of-insolvency-application\/","title":{"rendered":"Liability of a Board Member for Undue Submission of Insolvency Application"},"content":{"rendered":"<p style=\"text-align: justify;\">The insolvency is a notion, which usually does not come into focus of attention or discussion of merchants. To avoid a disaster, so to say. However, no matter how scary, the insolvency is a reality, which one may face at some point. When a company finds itself in a difficult financial situation, the issue of liability of the company&#8217;s board for undue submission of company&#8217;s insolvency application becomes of a great importance. The aim of the article is to discuss an issue on the civil liability of a board member if he or she has failed to timely submit the insolvency application, paying a special attention to the legal grounds of such liability and pre-requisites of liability.<\/p>\n<p>Read more &#8211; <a href=\"http:\/\/www.juristavards.lv\/doc\/263674-valdes-locekla-atbildiba-par-savlaicigu-maksatnespejas-procesa-pieteikuma-neiesniegsanu\/\">http:\/\/www.juristavards.lv\/doc\/263674-valdes-locekla-atbildiba-par-savlaicigu-maksatnespejas-procesa-pieteikuma-neiesniegsanu\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The insolvency is a notion, which usually does not come into focus of attention or discussion of merchants. To avoid a disaster, so to say. However, no matter how scary, the insolvency is a reality, which one may face at some point. When a company &#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-1739","post","type-post","status-publish","format-standard","hentry","category-uncategorized-en"],"_links":{"self":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1739","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=1739"}],"version-history":[{"count":1,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1739\/revisions"}],"predecessor-version":[{"id":1740,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/posts\/1739\/revisions\/1740"}],"wp:attachment":[{"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/media?parent=1739"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/categories?post=1739"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/novius.lv\/en\/wp-json\/wp\/v2\/tags?post=1739"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}