Wed, 25 May 2011: Debt crisis threatens recovery…

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 ...

Wed, 20 Apr 2011: Loan repayment scheme worries lenders…

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, ...

Wed, 30 Mar 2011: Parex loss to be substantial for state…

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...

Wed, 15 Oct 2008: Taking counsel: Efficient debt recovery through procedure of notice …

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...

Wed, 16 Jul 2008: Taking Counsel: Duty of Good Faith and Fairness: On the Rise in Judicial…

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...
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