{"id":815,"date":"2016-09-01T17:43:15","date_gmt":"2016-09-01T17:43:15","guid":{"rendered":"https:\/\/leadell.lv\/en\/?p=815"},"modified":"2017-11-22T11:27:20","modified_gmt":"2017-11-22T08:27:20","slug":"guarantee-serious-responsibility","status":"publish","type":"post","link":"https:\/\/www.leadell.lv\/en\/guarantee-serious-responsibility\/","title":{"rendered":"Guarantee \u2013 serious responsibility"},"content":{"rendered":"<p>In a case regarding the responsibility of a guarantor in the insolvency proceedings of a principal debtor \u2013 individual person, the Department of Civil Cases of the Supreme Court of the Republic of Latvia recognised that also in the event when the procedure for cancelling the obligation of the principal debtor is terminated within the insolvency proceedings, the guarantee provided for non-honoured obligations is not terminated. In the reasoned part of the judgement, the Court has referred to the publications regarding the relevant issue of Senior Associate <a href=\"https:\/\/leadell.lv\/en\/attorneys\/ilze-jankevica\/\" target=\"_blank\" rel=\"noopener\">Ilze Jankevi\u010da<\/a>, law firm \u201cFogels, V\u012btols un Paipa\u201d, as well as Attorney at law <a href=\"https:\/\/leadell.lv\/en\/attorneys\/nils-fogels\/\" target=\"_blank\" rel=\"noopener\">Nils Fogels<\/a> and Associate Jevg\u0113nija Zi\u0146\u0123e.<\/p>\n<p>More information regarding the judgement of the Department of Civil Cases of the Supreme Court of the Republic of Latvia in Case No. SKC-178\/2016\u00a0of 16 June 2016 see <strong><a href=\"https:\/\/leadell.lv\/static\/augstakas-tiesas-civillietu-departamenta-spriedums-lieta-skc-178-2016-2016.06.16.pdf\">here<\/a><\/strong> (in Latvian).<\/p>\n<p>More information regarding the publication of Senior Associate <a href=\"https:\/\/leadell.lv\/en\/attorneys\/ilze-jankevica\/\">Ilze Jankevi\u010da <\/a>\u201cGuarantor\u2019s Responsibility if Obligations of Principal Debtor are cancelled in Insolvency Proceedings\u201d (Jurista V\u0101rds, 12 January 2016, No.2) see <strong><a href=\"https:\/\/leadell.lv\/static\/galvinieka-atbildiba-ja-galvenajam-paradniekam-maksatnespejas-procesa-dzestas-saistibas-2016.01.12.pdf\">here<\/a><\/strong> (in Latvian).<\/p>\n<p>More information regarding the publication of Attorney at law <a href=\"https:\/\/leadell.lv\/en\/attorneys\/nils-fogels\/\">Nils Fogels<\/a> and Associate Jevg\u0113nija Zi\u0146\u0123e \u201cCancellation of Principal Debtor\u2019s Obligations in Insolvency Proceedings \u2013 Basis for Termination of Guarantee?\u201d (Jurista V\u0101rds, 15 April 2014, No.15) see <strong><a href=\"https:\/\/leadell.lv\/static\/galvena-paradnieka-saistibu-dzesana-maksatnespejas-procesa-vai-pamats-galvojuma-izbeigsanai-2014.04.15.pdf\">here<\/a><\/strong> (in Latvian).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a case regarding the responsibility of a guarantor in the insolvency proceedings of a principal debtor \u2013 individual person, the Department of Civil Cases of the Supreme Court of the Republic of Latvia recognised that also in the event when the procedure for cancelling the obligation of the principal debtor is terminated within the<\/p>\n","protected":false},"author":3,"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":[74,33,1,70],"tags":[240,269,256,257,242,268,265],"class_list":["post-815","post","type-post","status-publish","format-standard","hentry","category-all","category-banking-finance","category-corporate-commercial","category-dispute-resolution","tag-corporate-law","tag-debtor","tag-guarantee","tag-guarantor-liability","tag-ilze-jankevica","tag-insolvency","tag-nils-fogels"],"better_featured_image":null,"acf":{"choose_news_feed":false,"add_images":false},"_links":{"self":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/815","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\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/comments?post=815"}],"version-history":[{"count":5,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/815\/revisions"}],"predecessor-version":[{"id":2151,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/posts\/815\/revisions\/2151"}],"wp:attachment":[{"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/media?parent=815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/categories?post=815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.leadell.lv\/en\/wp-json\/wp\/v2\/tags?post=815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}