News and publications

01.11.2019

Business decision-making from the point of view of the board member’s responsibility

Most business decisions are associated with a certain risk or success factor, because in business even very rational and well considered decisions may not produce the expected results and create losses. Taking into account the fact that in accordance with the provisions of Section 169, …

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01.07.2019

Termination of insolvency proceedings of a natural person for a dishonest debtor

For decades, the main driving force of economic growth has been the consumption of goods acquired through credit, which in turn inevitably leads to the problem of over-commitment of liabilities. Accordingly, the institution of natural person’s insolvency is in fact an integral part of the …

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05.06.2019

Kaspars Novicāns has obtained the CAMS certificate

Approving the competence of NOVIUS in the field of anti-money laundering and prevention of terrorism and proliferation financing, the office partner Sworn Attorney Kaspars Novicāns has become a member of the Association of Certified Anti-Money Laundering Specialists (ACAMS), as well as has obtained the Certificate of Anti-Money Laundering …

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15.05.2019

Evaluation of the activities and responsibility of the Board of Riga Municipality SIA “Rīgas Satiksme”

Law firm NOVIUS has performed an assessment of the activities and responsibilities of the Board of Riga Municipality SIA “Rīgas Satiksme” by providing a legal opinion.

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14.12.2018

Research “Conditions for the Application of Insolvency Proceedings of a Natural Person and Its Efficiency”

At the request of the Insolvency Control Service, NOVIUS has conducted a study “Conditions for the Application of the Insolvency Process of a Natural Person and Its Efficiency”. The goal of the study is to analyse the problematic aspects of applying the insolvency process of …

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07.09.2017

Janis Moors starts giving the lectures Fundamentals of State and Law and Labor Law

On September 7, 2017 Janis Moors, Sworn Advocate at the Law Office NOVIUS, has started teaching the courses Fundamentals of State and Law and Labor Law for the students of Riga Stradins University. As a professional in the sphere of Public Law and Civil Law, …

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20.04.2017

Kaspars Novicans gives a seminar to sworn bailiffs

Having regard to extensive amendments to the Insolvency Law, sworn advocate Kaspars Novicans, the managing partner of law office NOVIUS, gives lecture to sworn bailiffs on the topic “Legal Protection Proceedings from the Perspective of Sworn Bailiffs”.

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21.03.2017

Evija Novicane has been appointed as a member of the Disciplinary Matters Commission of Administrators of Insolvency Proceedings

In accordance with the injunction of the Minister of Justice of 21 March 2017, the composition of the Disciplinary Matters Commission of Administrators of Insolvency Proceedings has been approved, including therein certified administrator of insolvency proceedings Evija Novicane who is a partner of law office …

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01.03.2017

Insolvency proceedings may become politically influenced

Sworn advocate Kaspars Novicans, a partner at the office, gives his opinion to the Daily Business Newspaper regarding amendments to the Insolvency Law, stating that the new provisions are unadvised and transfer to the public administration matters which should be settled, at least in a …

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28.02.2017

Release of a board member from liability

The matter regarding release of a board member from liability has many aspects not directly regulated by the law. For example, whether statutes (or an agreement with the board member) can provide for regulations which “mitigate” provisions of Section 169 of the Commercial Law regarding …

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