RIGA - Department of Civil Cases of the Supreme Court has turned down an appeal against the Riga Regional Court's ruling ordering the former management board of the now defunct Latvijas Krajbanka to pay EUR 15,366,981 million to the bank’s insolvency administrator KPMG Baltics, the Supreme Court's representative Rasma Zvejniece told LETA.
Therefore the Riga Regional Court's ruling has come into effect.
The appeal had been filed by the former Latvijas Krajbanka board members and their representatives.
Examining the ar...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.
In case you don't have a subscription yet - please visit our SUBSCRIPTION