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Minimizing liability for managing directors and executives

Edition 2008
Book title Minimizing liability for managing directors and executives
Title Minimizing liability for managing directors and executives
Publisher Forum
Autor(en)
  • Dr. Bernhard STEINDL

 

Short description

Not so long ago it was still a widespread view that numerous liability norms, particularly corporate ones, did not embody a “living law”; And in fact, with a few exceptions, the personal liability of managing directors, supervisory bodies and also senior employees in companies remained theory for a long time in the past. This has changed – sometimes dramatically – in recent years.
Intensified competition and increased sense of entitlement are leading to more liability lawsuits, and criminal law also seems to be showing its teeth more when it comes to white-collar crime than in the past. In order to better prevent such proceedings from occurring in the first place, it is essential from the perspective of the manager concerned that he is well informed about what he is responsible for, not only from an economic but also from a legal point of view. This is exactly what this loose-leaf work aims to provide information about with its regular, up-to-date supplementary deliveries in a form and language that is understandable even for legal laypeople: highlighted keywords, control questions, practical examples, checklists and “tips and tricks” for avoiding liability make it easier for the practitioner concerned – the work is aimed at addressed to managing directors and authorized representatives of various types of companies as well as to senior employees – a quick initial and self-assessment of their rights and obligations.

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