Published: 16.11.2010.
On Compliance of Section 59.5 of Credit Institution Law with Article 1 and Article 105 of the Satversme of the Republic of Latvia
Years
2010
Stages of the proceedings
Adjudicated
Outcome of the proceedings
Judgement
Type of the proceedings
Court sitting with the participation of the participants of the case
Applicant
Person
Applicant: Amber Trust S.C.A. SICAF-SIF, DCF FUND (II) Baltic States, Firebird Republics Fund, Ltd., Firebird New Russia Fund, Ltd., Firebird Avrora Fund, Ltd., East Capital Asset Management Aktiebolag un East Capital (LUX)
Date of the judgment: 19.10.2011.
Official publication: 21.10.2011.

On Compliance of Section 59.5 of Credit Institution Law with Article 1 and Article 105 of the Satversme of the Republic of Latvia

Case short name: Increasing the State's Participation in a Credit Institution

Constitutional Court held that the Section 59.5 of the Credit Institutions Law does not comply with Article 105 of the Satversme of the Republic of Latvia and shall be null and void as from the fate of publishing of the present judgment.

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Judgment_1 (Case No 2010-71-01)