Case No 2011-16-01

Applicant: Rīgas apgabaltiesa
Date of the judgment: 20.04.2012.
Official publication: 24.04.2012.

On Compliance of Section 62 (1) of Insolvency Law and Section 363.2 (2) of Civil Procedure Law, Insofar as It Fails to Establish the Right of the Court to Release Persons from Deposit Payment, with Article 92 of the Satversme of the Republic of Latvia

Case short name: The Insolvency Deposit

Constitutional Court held to recognise the norms of Section 62(1) of the Insolvency Law and Section 3632 (2) of the Civil Procedure Law, insofar as these apply to employees, the only legal remedy of whom is declaration of the employer insolvent, incompatible with the first sentence of Article 92 of the Satversme of the Republic of Latvia.

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Press-releases

• The Constitutional Court recognized the norms on deposit payment for an insolvency procedure insofar as it applies to employees, the only legal remedy of whom is declaration of the employer insolvent, as non-proportional
• A case on payment of a deposit when submitting an application on insolvency of a legal person has been initiated.

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