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Delna: signs of state take-over noted in review of Insolvency Law

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUIn December 2016, Providus think tank and Delna – Society for Openness, noted signs of state take-over in the Saeima’s review to amendments to Insolvency Law. Authors of the proposal to lift official status for insolvency administrators initially decided to leave the argumentation of their initiative in the hands of representatives of the private sector in spite of strong opposition from Justice Ministry, says Delna deputy director Liene Gatere.

Gatere reports that authors of amendments, officials from No sirds Latvijai party, did not attend the 16 November meeting of the Legal Affairs Committee to voice their views. Their arguments were presented instead by a representative of Latvian Certified Insolvency Process Administrators Association.

Justice Ministry’s representative mentioned during the meeting that official status should not be cancelled, as it increases transparency and helps better supervise administrators’ work. The discussion did not progress during the meeting, but the committee supported amendments nonetheless, Gatere said.

Delna reports that the Justice Ministry’s parliamentary secretary noted at the 8 December Saeima’s plenary meeting about the letter for the Legal Affairs Committee. In this letter, the committee was asked not to allow the inclusion of the insolvency administrators’ lobbied proposal into the law. Gunars Kutris said the Legal Affairs Committee held talks on this matter.

Providus researcher Olafs Grigus, who was at the meeting, is of a different mind: «It is hard to agree that the 16 November meeting, during which this proposal was supported, held detailed talks on this matter. Even if such discussions had been held, the author of the proposal had no way of knowing that, because they arrived only at the moment of the vote.»

The proposal supported by the committee at the plenary meeting was declined in the end. Providus and Delna had previously noted that the massive Insolvency Law amendment project has been in the Saeima since 2014. It is possible the project was slowed by parallel reviews of other projects.

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