Latvia

Insolvency Register
The Insolvency Register can be accessed in English here

Update on National Insolvency Statistics (April 2023)
Available here.

We are grateful to Edvīns DRABA from Sorainen and INSOL Europe Country Coordinator for sharing this information.
Update: May 2023

Latest News

UK EV company collapses into administration – ‘world leaders’

A UK-based EV charging and battery firm, ZPN Energy, has collapsed into administration despite considering itself a ‘global leader’ in constrained grid EV infrastructure. The company focused on providing…

European hyperloop sector suffers second major collapse in 2026

Spanish startup Zeleros was declared insolvent by a Valencia court in late March, following the bankruptcy of Dutch developer Hardt Hyperloop on 4 March. Together, they represented two of the sector's…

EIT Manufacturing files for liquidation

EU-funded innovation body, EIT Manufacturing, headquartered in Paris-Saclay, filed for liquidation on March 25, 2026, following a massive fraud investigation. The collapse stems from ‘serious irregularities’…

What is the £1.3bn MFS mortgage scandal and what is private credit?

The collapse of Market Financial Solutions (MFS) in early 2026 has sent shockwaves through the private credit market. The UK-based bridging lender entered administration following allegations of a massive…

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