Managing Directors’ Liability for Delayed Insolvency

Federal Court of Justice (BGH) on the Liability of Former Managing Directors – Case No.: II ZR 206/22   In cases of insolvency or over-indebtedness of a company, the managing director is obliged to file for insolvency without delay. In its ruling of July 23, 2024, the German Federal Court of Justice (BGH) decided that […]


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