The Solution of Hungarian Company Law in Connection with Duty of Care and Duty of Loyalty
The Solution of Hungarian Company Law in Connection with Duty of Care and Duty of Loyalty
Author(s): Ádám Auer, Tekla PappSubject(s): Law, Constitution, Jurisprudence
Published by: Univerzita Karlova v Praze, Nakladatelství Karolinum
Keywords: liability for breach of contract; piercing of the corporate veil; acting with care and diligence; responsibility for internal governance
Summary/Abstract: The tasks and duties of a company’s directors are diverse and varied in companies. Among these, the duty of care and duty of loyalty is generally widespread in European company law. Our contribution to this topic focuses on company law provisions, legal practice, and professional opinions in Hungary. We do not deal with the sanctioning harmful activity of the director in bankruptcy and compelled cancellation procedures.
Journal: Acta Universitatis Carolinae Iuridica
- Issue Year: 68/2022
- Issue No: 3
- Page Range: 49-61
- Page Count: 13
- Language: English