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Court has secured the claim against the former Supervisory Council members of JSC „Latvian Shipping Company” by seizing their property
Emitents Latvijas kuģniecība, AS (48510000VYR04HZGC213)
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Datums 2011-11-09 13:13:41
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The Civil Matters Division of the Riga Regional Court has passed a ruling on securing the claim, by seizing the property of some former members of the Supervisory Council of JSC “Latvijas kuģniecība” (Latvian Shipping Company) – for example - Olga Pētersone, Kārlis Boldiševičs, Uldis Pumpurs and Miks Ekbaums. JSC “Latvijas kuģniecība”( NASDAQ OMX RIGA: LSC1R) pursued a claim in the Riga Regional Court against them and other former members of the Supervisory Council of JSC “Latvijas kuģniecība” on recovery of groundlessly paid funds in the amount of LVL 2.56 million (EUR 4 million).

By securing the claim in the part against Olga Pētersone, the court has ruled to seize real property with the claim securing amount up to LVL 187’161 (EUR 266’308). Pētersone is still a member of the Supervisory Council of JSC “Latvijas kuģniecība”, representing the interests of the State Social Insurance Agency, which owns 10% of the company’s shares.
By securing the claim in the part against Kārlis Boldiševics, the court has ruled to seize several real properties, as  well as movable property owned by him and all the payments pertaining to him from third parties – for the total claim securing amount up to LVL 175’714 (EUR 250’020).
By securing the claim in the part against Uldis Pumpurs, the court has ruled to seize real property, as well as shares held by him in six companies for the total securing amount up to LVL 319’791 (EUR 455’025).
By securing the claim in the part against Miks Ekbaums, the court has ruled to seize shares owned by him in one company, as well as movable property owned by him and all the payments pertaining to him from third parties – for the total securing amount up to LVL 167’750 (EUR 238’689).
The ruling of the Regional Court is to be enforced immediately and is not subject to appeal. The ruling was passed on October 28.
JSC “Latvijas kuģniecība” has pursued in total four claims against 12 former Supervisory Council members of the company for the total amount of LVL 12.84 million (EUR 19 million).
About JSC  “Latvijas kuģniecība”
In the medium-sized or handy tankers category JSC „Latvijas kuģniecība” is among the leading ship owners in the world, and in terms of transport volumes of petroleum products  it is also in a leading position among similar companies in Northern Europe. It owns 20 modern ships, employing more than 700 professional and highly qualified seamen from Latvia. The total carrying capacity of the LK fleet is nearly one million DWT and the average age of the fleet does not exceed 5 years. All ships have received ISM (International Safety Management) certificates.
 
Ilze Nagla
Public Relations Manager
JSC “ Latvijas kuģniecība”
Tel .: +371-29267454, +371-67715914
e-mail: ilze.nagla@vnafta.lv
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