Management Team

Liquidation Committee

Andris Kovaļčuks


Andris is an expert in financial transactions and company restructuring. He has been working in finance since 2001, heading the changes in several leading real estate, financial and investment companies, including Ektornet and GILD Alternative Funds. Obtained a master's degree in finance from London Business School and qualification of financial expert from BA School of Business and Finance.

Lauma Bērziņa


Lauma is an individually practicing sworn attorney with more than 20 years of professional experience. She has obtained a double diploma as Master of Business Administration in Riga Technical University and Norwegian Buskerud University College, as well a degree of Master of Law in Civil Rights at the University of Latvia. She has been practicing commercial law, corporate management and civil rights, employment and administrative rights. She has been representing clients with state and municipality institutions, has been developing corporate management models, as well as consulting in attracting of private capital, asset acquisition or alienation, restructuring of deals and businesses.

Ringolds Balodis

Liquidator, Prof., Dr.iur.

Currently he is a sworn attorney at Latvian Collegium of Sworn Advocates. Ringolds is teaching constitutional rights, foreign constitutional rights and comparative constitutional rights at the Faculty of Law of the University of Latvia. He is a Chairman of the Board of the Research Institute of Law, as well as corresponding member of Latvian Academy of Science. He holds a doctoral degree in law since 2001. He has been a Head of the Department at the Ministry of Justice, Head of Religion Affairs Division (1997 – 2003). Head of State Law Department of the Faculty of Law of the University of Latvia (2003 – 2014). He has also been a Counsellor of the Head of Jurmala City Council, Head of Administrative Legal Division (2013 – 2014), Chief State Notary (2008 – 2013). Deputy of Latvian Parliament, Secretary of the National Security Committee (2014 – 2018). In 2018 awarded with 2nd Level Badge of Honour of the System of Justice of the Ministry of Justice. He is author of more than 100 research articles in Latvia and abroad. His research papers have been published in the USA, Great Britain, Italy, Germany, Belgium, Spain, Greece, France, Poland, Israel, Russia, Ukraine, Lithuania, Estonia and Latvia. He is specialising in state law, comparative constitutional rights and human rights. He has also been a Project Manager of the Commentaries on the Constitution.

Vineta Čukste-Jurjeva


Vineta is a partner to sworn attorneys firm “Kronbergs Čukste LEVIN” and sworn attorney with more than 20 years of professional experience. Her speciality is commercial law, compliance, regulation and liquidation issues. She has been providing consultations and taking part in restructuring and liquidation processes of several Latvian credit institutions. She is a certified personal data protection specialist.

Armands Smans


Armands is an assistant sworn attorney at “Rode un Partneri”, specialising in public law. He has been carrying out protection of clients’ rights and interests in dozens of criminal proceedings. He is an author of several scientific publications and legal opinions, participant of scientific conferences. He has been providing his legal opinions in cases in Permanent Court of Arbitration in Hague (as junior expert) and and Constitutional Court in Latvia (as invitee). He is now a Ph.D. candidate at Law Faculty of the University of Latvia.