An employee becomes a creditor within the framework of the employer's insolvency proceedings. During the month from the date ofin the register of insolvencyan
In case of insolvency, Latvian laws allow both the creditor and the debtor to take action. The debtor can file for both liquidation and reorganization. However, if the debtor applies for a reorganization, the creditor can either approve or decline the reorganization plan.
In case of insolvency, Latvian laws allow both the creditor and the debtor to take action. The debtor can file for both liquidation and reorganization.
The purpose of the insolvency proceedings of a natural person is to satisfy, as far as possible, creditors' claims on the debtor's property and to enable the
Three types of insolvency proceedings are currently available in Latvia – the insolvency Opening of insolvency proceedings of a legal personInsolvency Lawin
Three types of insolvency proceedings are currently available in Latvia – the insolvency process of a natural person, the insolvency process of a legal person
International Labour Organization Convention
Protection of Workers' Claims Convention, 1992 is an International Labour Organization Convention.
International Labour Organization Convention
Protection of Workers' Claims Convention, 1992 is an International Labour Organization Convention.