Latvian P2P Lender Grupeer Reveals it has Received Some "Positive" News from Legal Team
Latvian P2P lender Grupeer reveals that they’ve received some “positive” news from their legal team (on March 31, 2021). According to Grupeer, this is a time to be “cautiously optimistic.” The Grupeer team writes in a blog post that they had begun legal enforcement proceedings against loan originators for repayment of “extended loans.” As noted by the peer-to-peer lender, 29.03.2021 was “a return date for the defendant in the arbitration proceedings against one of the major loan originators (top 3 in terms of the amount of borrowed funds).” Grupeer added that given the hist...