Olainfarm: Orphan's Court of City of Jurmala Has Appointed Older Daughter of Valerijs Maligins to be the Guardian of His Inheritance

Olaine, 2018-02-07 16:18 CET (GLOBE NEWSWIRE) --
Orphan's court of the City of Jurmala, after assessing the application of Irina
Maligina has appointed her the guardian of inheritance of Valerijs Maligins,
the verdict becoming effective by February 6, 2018.  The Law provides that
entities interested in the inheritance case may request the guardianship over
the inheritance to ensure that inheritance is properly managed and preserved
until the assets are taken over by heirs. Activities of guardian are being
monitored by the Orphan's court. 

Irina Maligina:

"This is a great responsibility.  I am ready to take it and perform with
integrity to preserve the value of inheritance for the benefit of all heirs. 
As a guardian, among other things, I will exercise the rights of a shareholder
in AS Olainfarm and in other companies to make sure that management of those
companies can continue working smoothly and implementing approved development
plans.  Since my father Valerijs Maligins owned several real estate properties
and companies, one of the first tasks would be to identify all the elements of
inheritance.  It is also important to care about the real estate properties,
manage them, including guarding property and pay the related bills. I have to
continue servicing father's liabilities. I would like to emphasize, that in my
actions I will be very pragmatic and will do my best in the best interests of
all the heirs." 

         Information prepared by:
         
         Salvis Lapins
         JSC Olainfarm
         Member of the Management Board
         Rupnicu iela 5, Olaine, Latvia, LV 2114
         Phone: [phone]
         Fax: [phone]
         E-mail: [e-mail]