“Tougher laws, aggressive shareholders, and ambitious prosecutors – never before has the risk been so great for executives to be held financially liable for corporate mismanagement”, as Manager Magazin headlined years ago.
Since the mid-1990s, we have made the area of “directors’ and officers’ liability, D&O” one of the focal points of our consulting activities. Today, the lawyers working in this area are among the leading experts in Germany. We advise on all liability issues, conduct litigation on behalf of managing directors, board members, and supervisory board members to defend against claims, advise and support insurers, and monitor complex claims on their behalf. The complicated structures of D&O insurance require detailed knowledge, trust, and the utmost legal diligence. That is what we stand for. That is why we are retained. More and more.
Associate
Partner
legal insights
25. March 2025
Managing director liability for cartel fines and investigation costs
If managing directors or board members breach their duties with regard to the management of a company, they are liable to pay damages to the company they represent pursuant to Section 43 (2) of the German Limited Liability Companies Act (GmbHG) or Section 93 (2) sentence 1 of the German Stock Corporation Act (AktG). Whether...
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Directors’ Responsibilities, D&O
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