Partner of law office Skrastiņš & Dzenis has successfully conducted redress proceeding of a “Vef Radiotehnika RRR”

Vigo Krastiņš, partner of law office Skrastiņš & Dzenis, has successfully conducted redress proceeding of a well-known Latvian company “VEF Radiotehnika RRR”. A court proceeding involving “VEF Radiotehnika RRR” after two years has successfully come to a close. As an outcome “VEF Radiotehnika RRR” has restored its solvency, moreover this is an outcome which majority of companies having applied for insolvency cannot achieve. At the beginning of the court proceedings the total amount of company’s obligations towards its creditors was 3.5 million EUR.

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