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Spilbridge Prevails in Kurzeme Regional Court

Latvia
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The Latvian Spilbridge law firm has prevailed in the Kurzeme Regional Court in a case involving the Latvijas Naftas Tranzits company and the Ventbunkers oil products transfer terminal at Latvia's Ventspils port – one of LNS's major shareholders.

The Court ruled, according to Spilbridge, that “the State Revenue Service was wrong in penalizing the Management for concealing the annual accounts in circumstances where the shareholders had not approved them at shareholders’ meetings.”

No other details were provided.

The companies were represented by Spilbridge Senior Associate Andrejs Eglitis and Associate Benita Balana.

 

 

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