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Liquidation of Trasta Komercbanka

01 March 2016

Trasta Komercbanka was one of the largest commercial banks in Latvia, whose liquidation process was started at the beginning of 2016, but the insolvency process was initiated in the first trimester of 2017.

BDO Law provided Trasta Komercbanka with all the necessary legal assistance regarding potential restructuring of the bank, including establishment of “special purpose entity” with aim to retrieve deposits from the debtors of Trasta Komercbanka, as well as preparing financial and legal analysis regarding status quo of Trasta Komercbanka.