Court Initiates Insolvency Case Against Rigas Kb Shipyard

RIGA, Feb 27 (LETA) The Riga City Vidzeme District Court initiated an insolvency case against Rigas Kugu Buvetava (Rigas KB) shipyard, the company said in its statement to the Nasdaq Riga stock exchange.

The company reported that former Rigas KB employee Oksana Klimenko on January 31, 2019, submitted an application to the court regarding to insolvency proceedings against Rigas KB for unpaid wage in timely manner.

The court accepted the application on February 19 and launched an insolvency case.

As reported, last year...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT