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Ceturtdiena 21.11.2019 | Name days: Andis, Zeltīte
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Court assesses ruling on freezing Lembergs' assets

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Baltic news, News from Latvia, BNN-NEWS.COM, BNN-NEWS.RUOn October 17, Riga District Court is set to assess Riga City Vidzeme Suburb Court decision to recognize and enforce the High Court of England and Wales ruling on freezing Ventspils Mayor Aivars Lembergs’ assets worth 135 million U.S. dollars (LVL 66.69 mln).

The District Court’s Office Manager Ingars Sprukts confirmed that Riga District Court had received two additional complaints. Lembergs himself filed one complaint against the June 13 decision to recognize and enforce the court ruling in Latvia.

While the second complaint was filed by the plaintiffs – 30 companies that turned to Vidzeme District Court, asking to clarify the June 13 decision. Court of First Appeal refused to do so on July 25, consequently, a complaint was filed also against this decision.

The portal pietiek.com previously reported that Lembergs will have to attend the court hearing at the High Court of Justice (Queen’s Bench Division) Commercial Court’s hearing in London.

The ruling came after the Britsh Court judge dismissed nearly all Lembergs’ lawyers requests and imposed Ventspils Mayor to pay all court costs – around 100 000 British pounds, the portal reported.

Spruksts informed that the judge Daiga Vilsone was set to review in written form both complaints on October 17, without participation of the parties involved in the case.

As reported, back on April 20, High Court of England and Wales ruled that Lembergs is forbidden to transport any of his assets worth up to 135 million U.S. dollars from England or Wales, or in any way get rid of them, operate with them or reduce their value.

The asset freeze applies to all Lembergs’ properties, regardless of whether these assets are listed on other persons’ names, and regardless of whether the assets are separate or joint property. According to the court, the assets include any asset on which the person has direct or indirect power to dispose or power to operate it as their own property.

The ruling would become void, if Lembergs provided a security of 135 million U.S. dollars or ensured a security worth the same amount in other way.

Given that Lembergs is now residing in Latvia, the claim applicants (around 30 companies) wanted to legalize and enforce High Court of England and Wales’ ruling, as well as ensure its execution in Latvia. Riga City Vidzeme District Court granted the request.

Ref: 103105105021


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