Home > News > Latvia: New exceptions to the procedure for registration of the acquirer of shares in a limited liability company

Latvia: New exceptions to the procedure for registration of the acquirer of shares in a limited liability company

Internet magazine ITiesības, in its 8 August 2017 issue, published an article by Kalvis Krūmiņš, Associate Attorney at Law of TGS Baltic,  on new exceptions to the procedure for registration of the acquirer of shares in a limited liability company, which came into effect on 13 July 2017. Those amendments to the Commercial Law are essential, since there have been dispute in practice in cases, when the shares were purchased by using a commercial pledge, while the management board refused making an entry in the shareholder register.

Read More