{"id":5859,"date":"2014-12-12T10:51:52","date_gmt":"2014-12-12T10:51:52","guid":{"rendered":"https:\/\/hasch.lcmx.at\/newsletter\/newsletter-14-2014-geschaeftsfueherhaftung-bei-anlegerschaeden\/"},"modified":"2023-11-29T13:01:22","modified_gmt":"2023-11-29T13:01:22","slug":"newsletter-14-2014-directors-liability-for-investor-damages","status":"publish","type":"newsletter","link":"https:\/\/www.hasch.eu\/en\/newsletter\/newsletter-14-2014-directors-liability-for-investor-damages\/","title":{"rendered":"NEWSLETTER 14-2014: DIRECTORS’ LIABILITY FOR INVESTOR DAMAGES"},"content":{"rendered":"

In a new decision, the Supreme Court stated that whenever there is insufficient equity capital, the managing director of an investment services company must ensure that appropriate professional liability insurance is taken out, otherwise he can be held personally liable according to the general principles of tort law .<\/p>\n

 <\/p>\n

Based on these\u00a0new decision<\/strong><\/a>\u00a0It can be assumed that the managing director can also be held personally liable in other professional sectors if the company does not have sufficient equity capital and no professional liability insurance has been taken out.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-5859","newsletter","type-newsletter","status-publish","hentry"],"acf":[],"yoast_head":"\nNEWSLETTER 14-2014: DIRECTORS' LIABILITY FOR INVESTOR DAMAGES - Hasch<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hasch.eu\/en\/newsletter\/newsletter-14-2014-directors-liability-for-investor-damages\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NEWSLETTER 14-2014: DIRECTORS' LIABILITY FOR INVESTOR DAMAGES - Hasch\" \/>\n<meta property=\"og:description\" content=\"In a new decision, the Supreme Court stated that whenever there is insufficient equity capital, the managing director of an investment services company must ensure that appropriate professional liability insurance is taken out, otherwise he can be held personally liable according to the general principles of tort law .   Based on these\u00a0new decision\u00a0It can...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.hasch.eu\/en\/newsletter\/newsletter-14-2014-directors-liability-for-investor-damages\/\" \/>\n<meta property=\"og:site_name\" content=\"Hasch\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-29T13:01:22+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.hasch.eu\/en\/newsletter\/newsletter-14-2014-directors-liability-for-investor-damages\/\",\"url\":\"https:\/\/www.hasch.eu\/en\/newsletter\/newsletter-14-2014-directors-liability-for-investor-damages\/\",\"name\":\"NEWSLETTER 14-2014: DIRECTORS' LIABILITY FOR INVESTOR DAMAGES - 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