Exclusion and limitation of civil law liability by a board member of a company - selected issues Cover Image

Możliwość wyłączenia i ograniczenia odpowiedzialności cywilnoprawnej członka zarządu spółki kapitałowej - zagadnienia wybrane
Exclusion and limitation of civil law liability by a board member of a company - selected issues

Author(s): Anna Tworkowska
Subject(s): Law, Constitution, Jurisprudence, Civil Law, Law on Economics
Published by: Wydawnictwo Uniwersytetu Warmińsko-Mazurskiego w Olsztynie
Keywords: responsibility; member of the board; the economic risk; the limitation of liability

Summary/Abstract: In the last years legal services and representation of the company becoming an increasingly challenging task. The possible error of proper respect of obligations of the company may not only an impact on the future financial condition, but also can lead to liability of persons being members of the board. Expanding awareness of the potential for reducing and eliminating the risks associated with the liability becomes extremely important. This is a very important issue because the issue of responsibili- ty of board members has recently gained new popularity, mainly because of the crisis in the financial markets and the increased number of bankruptcy. Shareholders and creditors increasingly direct their claims against the companies, money mana- gers, contralily, board members began more consider the the risks associated with liability. The board members also began the search for solutions that would reduce these risks.

  • Issue Year: 2016
  • Issue No: 32
  • Page Range: 87-102
  • Page Count: 16
  • Language: Polish