New insolvency administrator appointed for troubled Latvian steel company KVV Liepajas Metalurgs – Baltic Times

The court appointed Vita Dika as the new insolvency administrator for the insolvent Latvian steel company KVV Liepajas Metalurgs, the Kurzeme Regional Court reported. Dika, a certified lawyer, is currently serving as an insolvency administrator of a number of other companies. As reported, the Kurzeme Regional Court on March 21 removed Guntars Koris as…

WHAT TO EXPECT AS AN EMPLOYEE IF YOUR COMPANY CLOSES? – Global Banking And Finance Review (press release)

Company administration is a hotly discussed topic in the industry. Recent reports have suggested the number of corporations facing administration has increased over the years. With the news of Toys R Us and Maplin entering administration, the insolvency procedure has been under the spotlight. Similarly, New Look and, most recently, Carpetright have requested company voluntary…