Wed, 25 May 2011: Debt crisis threatens recovery…
May 25, 2011 Baltics
The eurozone remains marred by a debt crisis, which may stall regional growth and pose a threat to local banks. “Better growth prospects are associated with stronger inflationary pressures ...Tags: Bailout, Banks, Commodity Prices, Contagion, Debt Crisis, Debt Problems, Debt Recovery, Euro Zone, Europe, Eurozone, Fallout, Global Commodity, Greece, Growth Prospects, Inflationary Pressures, Ireland, Portugal, Regional Growth, Rsquo, Sovereign Debt
Wed, 20 Apr 2011: Loan repayment scheme worries lenders…
Apr 20, 2011 Baltics
For this, the bank focuses its activities on effective loan restructuring, debt recovery, as well as management of real estate taken over. The bank posted 152.7 million lats in losses last year, ...Tags: Debt Recovery, Lats, Lenders, Loan Repayment, Losses, Real Estate, Repayment Scheme, Restructuring, Worries
Wed, 30 Mar 2011: Parex loss to be substantial for state…
Mar 30, 2011 Baltics
It has one month before it’s due, said Bourke. Since Aug. 1, 2010, when Parex discontinued rendering such typical banking services as account and deposit services and loan issuing, its mai...Tags: Assets, Banking Services, Current Market, Debt Recovery, Deposit Services, Institutional Investors, Investments, Main Objective, Market Situation, Parex, Real Estate, Restructuring, Rsquo, Six Months, Spokeswoman
Wed, 15 Oct 2008: Taking counsel: Efficient debt recovery through procedure of notice …
Oct 15, 2008 Baltics
As a result, companies have a large number of debtors to recover debts from. Such debts are usually not secured by pledge, or purchase or crediting agreements do not contain a clause from the co...Tags: Arbitration, Court Proceedings, Crediting, Creditor, Debt Recovery, Debtors, Debts, Fulfillment, Legislators, Pledge
Wed, 16 Jul 2008: Taking Counsel: Duty of Good Faith and Fairness: On the Rise in Judicial…
Jul 16, 2008 Baltics
A trend toward giving it life has made its way not only into the Latvian court system, but thanks in part to the heightened court supervision of arbitral awards, into the arbitration system as wel...Tags: Amount Of Money, Arbitral Awards, Arbitration System, Civil Law, Court Supervision, Debt Recovery, Failure, Fairness, Good Faith, Interest Payments, Sum Total, Time Period, Timely Basis, Trend