On November 26, The Riga City Court issued a decision confirming that the insolvency petition submitted by SIA Ekis & Co-Positioning and Consulting against AS Delfi, a Latvian subsidiary of AS Ekspress Grupp, was unfounded.
The court’s ruling dispels doubts raised in public and confirms that the petition had no factual or legal basis. AS Delfi Latvia will assess its further actions based on the court’s conclusions and the publicly available reasoning of the judgment.
“The court’s decision has been made and it is clear and definitive. We will continue our work and our mission — to foster a free, well-informed society and provide high-quality services to our clients,” says Jānis Grīviņš, Chairman of the Management…