We’ve been told in a bank that member of the board of our company has to renew his representation rights in the Register of Enterprises since the term of his representation right has expired. What documents shall we submit to the Register of Enterprises and how long will it take to renew his representation rights? 28.01.2010 There was an attachment placed on my immovable property prior to bringing a court action. Therefore I’m unable to act with my property until the dispute won’t be finally settled in the court, which may take a lot of time. The claim of the plaintiff is absolutely unfounded. What can be done in this case? 28.01.2010 During the period of rapid economic rise, I, like many other businessmen, took a loan from the bank to develop my business. Due to the crisis, the flow of customers decreased, revenues fell and the company had difficulties with repaying a loan. What can be done in this situation? 28.01.2010 After the end of the rental relationship, my tenant moved out, abandoning his property in the premises that he rented. After some time, it turned out that the air conditioner installed in the ceiling with all its components belongs to the bank. The bank demanded the air conditioner back. But air conditioning can only be removed by breaking the ceiling. The bank refuses to compensate me for the cost of repairing the ceiling and requires air conditioning. What should I do in this case? 28.01.2010 I have a company, and like many other companies under difficult financial circumstances, the company is no longer able to settle accounts with creditors: my customers have not settled accounts with me, there is no money, and accordingly, I cannot settle accounts with my suppliers. I heard that under certain circumstances the company is obliged in such cases to file for insolvency itself, could you tell me when this must be done? 28.01.2010 My wallet containing cash and payment cards was stolen. Unfortunately thief managed to withdraw some money from the card before it was blocked. I heard that a bank has to compensate all losses in such cases. Is it really so and what should I do in order to receive my money back? 28.01.2010 I have a problem that I myself can’t solve. The thing is that I am now in the 8th month of pregnancy. The unborn child’s father is not my legal husband. We have not been living together for a long time, and in early February we will get a divorce. The biological father of my child (with whom I am currently living) wants to recognize him as his own, but I was told me that if 306 days have not passed since the day of the divorce, my actual husband will be recognized as the father of the child. It turns out that paternity can only be established through the court. Is this true? 28.01.2010 I want to open a new company (LLC) with my partner with a distribution of the equity capital between us 50/50. I heard that recently the minimum capital has been reduced to LVL 100, is that so? 27.01.2010 I’ve given immovable property (an apartment) to my relative as a gift in 2005, but prior to that received a mortgage loan, which was secured by husband’s property. At the moment I’m unable to pay the loan, so probably the bank will sell the pledged property of my husband through auction. I’m afraid the money received from the sale of the pledged property won’t suffice to fully satisfy the debt, and the bank, knowing about the gift I made, will demand satisfaction of the debt from the apartment gifted to my relative. 27.01.2010 We would like to give an apartment as a gift to our daughter, who is 16 and wants to start living independently. According to the Land Register my husband is the only owner of the apartment. Is it true that a permission of the Orphan’s court is needed before we proceed with signing the gift agreement at a notary? 27.01.2010
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