<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The Latvian Group of Companies Law focuses on creditor and minority shareholder protection and is less concerned with pursuing the interest of the group. This research paper will look at the regulation of group of companies in Latvia. It will question whether the interest of the group is effectively recognised in the Latvian Group of Companies Law. The methodology used will be that of legal doctrinal and comparative research, legal theory method and reform agenda research. The research paper will conclude that creditor protection under Article 27, paragraph 5 of Group of Companies Law (Koncernu likums) is ineffective.</p>
</abstract>

The Latvian Group of Companies Law focuses on creditor and minority shareholder protection and is less concerned with pursuing the interest of the group. This research paper will look at the regulation of group of companies in Latvia. It will question whether the interest of the group is effectively recognised in the Latvian Group of Companies Law. The methodology used will be that of legal doctrinal and comparative research, legal theory method and reform agenda research. The research paper will conclude that creditor protection under Article 27, paragraph 5 of Group of Companies Law (Koncernu likums) is ineffective.

The Recognition of the Interest of the Group in Latvian Group of Companies Law

ACTA PROSPERITATIS

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"The Recognition of the Interest of the Group in Latvian Group of Companies Law"}

The Latvian Group of Companies Law focuses on creditor and minority shareholder protection and is less concerned with pursuing the interest of the group. This...

The Recognition of the Interest of the Group in Latvian Group of Companies Law

Published Online: Jul 26, 2023

Page range: 63 - 75

DOI: https://doi.org/10.37804/1691-6077-2022-13-63-75

Keywords
group of companies, recognition of the interest of the group, Koncernu likums, Latvian Group of Companies Law, creditor protection, external shareholder protection, minority shareholder protection

© 2023 Gvido Lošaks, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The Recognition of the Interest of the Group in Latvian Group of Companies Law

Published Online: Jul 26, 2023

Page range: 63 - 75

DOI: https://doi.org/10.37804/1691-6077-2022-13-63-75

Keywordsgroup of companies, recognition of the interest of the group, Koncernu likums, Latvian Group of Companies Law, creditor protection, external shareholder protection, minority shareholder protection

© 2023 Gvido Lošaks, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
group of companies, recognition of the interest of the group, Koncernu likums, Latvian Group of Companies Law, creditor protection, external shareholder protection, minority shareholder protection