{"id":242,"date":"2016-01-12T09:10:17","date_gmt":"2016-01-12T09:10:17","guid":{"rendered":"http:\/\/leadell-lv.newton.ee\/?p=242"},"modified":"2016-12-30T09:54:47","modified_gmt":"2016-12-30T09:54:47","slug":"liability-of-the-guarantor-when-the-principal-debtors-liabilities-are-discharged-through-insolvency-proceedings","status":"publish","type":"post","link":"https:\/\/www.leadell.lv\/en\/liability-of-the-guarantor-when-the-principal-debtors-liabilities-are-discharged-through-insolvency-proceedings\/","title":{"rendered":"Liability of the Guarantor when the Principal Debtor\u2019s Liabilities are Discharged through Insolvency Proceedings"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">FVP attorney at law <a href=\"https:\/\/leadell.lv\/en\/attorneys\/ilze-jankevica\/\"><span class=\"s2\"><b>Ilze Jankevi\u010da<\/b><\/span><\/a> has expressed her opinion on how the regulatory standards of guarantee institutions are to be interpreted when a principal debtor\u2019s liabilities are discharged through insolvency proceedings. The article was published in the \u201cJurista V\u0101rds\u201d periodical.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">You can read the article in Latvian <strong><a href=\"https:\/\/leadell.lv\/static\/galvinieka-atbildiba-ja-galvenajam-paradniekam-maksatnespejas-procesa-dzestas-saistibas-2016.01.12.pdf\"><span class=\"s2\">here<\/span><\/a><\/strong>. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">A quote from the article:<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">\u201c(..) considering the urgency of this situation, the legislature has tried to solve the matter of guarantor liability by adopting amendments to the Insolvency law, stipulating that, in the legal situation specified in the law, all attending (secondary) liabilities would be terminated once the primary liabilities undertaken by an individual are discharged. However, subsequent revisions of the Insolvency Law removed the regulation, and it has not been applied in practice. Therefore, the matter of guarantors\u2019 liability has been left up to the judiciary (..)\u201d <\/span><\/p>\n<p class=\"p1\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-202 alignleft\" src=\"https:\/\/leadell.lv\/static\/ilze_jenka1706.jpg\" alt=\"Ilze Jankevi\u010da\" width=\"137\" height=\"164\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FVP attorney at law Ilze Jankevi\u010da has expressed her opinion on how the regulatory standards of guarantee institutions are to be interpreted when a principal debtor\u2019s liabilities are discharged through insolvency proceedings. The article was published in the \u201cJurista V\u0101rds\u201d periodical. You can read the article in Latvian here. A quote from the article: \u201c(..)<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[74,33],"tags":[],"class_list":["post-242","post","type-post","status-publish","format-standard","hentry","category-all","category-banking-finance"],"better_featured_image":null,"acf":{"choose_news_feed":{"term_id":33,"name":"Banking &amp; finance","slug":"banking-finance","term_group":0,"term_taxonomy_id":33,"taxonomy":"category","description":"","parent":454,"count":6,"filter":"raw"}},"_links":{"self":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/comments?post=242"}],"version-history":[{"count":3,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/242\/revisions"}],"predecessor-version":[{"id":1171,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/242\/revisions\/1171"}],"wp:attachment":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/media?parent=242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/categories?post=242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/tags?post=242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}