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NNDKP announces the creation of the Three Seas Legal Alliance together with leading law firms in the region thediplomat.ro - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thediplomat.ro Daily Mail and Mail on Sunday newspapers.
Telia Company was advised by Ellex. Telia Company completed the sale of 100 percent of the shares in Telia Latvia – a leading B2B telecom services … ....
Ivars Slokenbergs: "I am often somewhere in the middle of the Atlantic Ocean, but my heart is in Latvia" baltictimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from baltictimes.com Daily Mail and Mail on Sunday newspapers.
Latvian P2P lender Grupeer reveals that they’ve received some “positive” news from their legal team (on March 31, 2021). According to Grupeer, this is a time to be “cautiously optimistic.” The Grupeer team writes in a blog post that they had begun legal enforcement proceedings against loan originators for repayment of “extended loans.” As noted by the peer-to-peer lender, 29.03.2021 was “a return date for the defendant in the arbitration proceedings against one of the major loan originators (top 3 in terms of the amount of borrowed funds).” Grupeer added that given the history of rather challenging or difficult negotiations with this borrower (which reportedly forced them to begin legal proceedings), they “expected an aggressive position.” ....
Latvia-based peer to peer (P2P) lender Grupeer noted on February 19, 2021 that last year, they had informed everyone that they were planning to “aggressively” pursue claims against the Loan Originators that were in default. Grupeer confirmed that they had prepared “most of the necessary paperwork” to begin legal enforcement of the loans and “to return the money to investors.” The recent update from Grupeer also mentions that they have put their plans “on hold” because of “the insolvency applications made by several investors.” While the possibility of the firms involved to be declared insolvent was “small,” for legal reasons we “could not proceed with filing claims against the Loan Originators,” the Grupeer team claims. ....