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Purchase agreement by installment
New law on cooperative societies
What is the procedure for exemption of premises from the lessee’s belongings, if the lease agreement is terminated for non-payment, all the equipment is pledged to the bank (the right to pledge is realized), the sole founder of the lessee is in the hospital. And for the future reference – what can be provided for in the lease agreement with new tenants in order to simplify the termination of the agreement and the release of the premises as much as possible?
Questions and answers
On the protection of personal data
On May 25, 2018 in the territory of the European Union (EU) the General Data Protection Regulation (hereinafter referred to as – the Regulation) (EU) 2016/679 “On the protection...
On the procedure for protecting consumer rights
Amendments to the Commercial Law adopted in connection with COVID-19
Since March 22, this year, the Saeima of the Republic of Latvia has urgently approved amendments to the Commercial Law that allow members (shareholders) of capital companies to participate...
Basic conditions for concluding an employment agreement
I left my car in a parking lot in the city center, and when I returned I saw a fine receipt on the windscreen and the car wheel was blocked by a special device. It turned out that it was a paid parking lot managed by a private company. As the representative of this company informed me, the wheel of the car would not be unlocked until I pay the fine. Does this company have the right to perform such actions?
I am a shareholder of a limited liability company (LLC), I own 10% of the company’s capital. Do I have the right, as a shareholder of the LLC, to request information from the company’s board about the company’s activities, about transactions concluded, etc. What other rights are provided by law for shareholders who own a small number of shares in a company?