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TGS Baltic Successfully Represents SIA Viesis in Claim Against Former Board Members

TGS Baltic Successfully Represents SIA Viesis in Claim Against Former Board Members

Latvia
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TGS Baltic has successfully represented the insolvent SIA Viesis 2 on its claim of EUR 1,786,655.54 in damages from its former management board members in order to enable the company to pay creditor claims and the costs of administration of the insolvency proceedings.

The judgment is not final, as the appellate court's ruling is subject to appeal before the Senate of the Supreme Court. The management board members of SIA Viesis 2 have filed a cassation complaint.

The TGS Baltic team included Partner Nauris Grigals and Senior Associate Raivis Znotins.

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