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Kronbergs Cukste Levin and Uria Menendez Successful for ECB against Latvia

Kronbergs Cukste Levin and Uria Menendez Successful for ECB against Latvia

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Kronbergs Cukste Levin and Uria Menendez have successfully represented the European Central Bank in front of the European Court of Justice in a case against the Republic of Latvia involving security measures it took against the Governor of Latvijas Banka Ilmars Rimsevics.

According to Kronbergs Cukste Levin, the case involved the Latvian Corruption Prevention Bureau's decision to prohibit Rimsevics from performing his duties as President of the Bank of Latvia. According to the firm, "the court decision followed the line of ECB argumentation that such security measures may only be imposed under exceptional circumstances based on overwhelming or undisputed evidence. As the Republic of Latvia did not present such evidence, the decision on security measures was annulled."

Kronbergs Cukste Levin Partner Vineta Cukste-Jurjeva and Uria Menendez Counsel Daniel Sarmiento represented the ECB in the matter.