Directors’ Liability: A Worldwide Review

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ABOUT THE BOOK

This acclaimed reference book for international business lawyers first appeared in 2006, with a second edition in 2010. Now in its third edition, and once again published in conjunction with the International Bar Association, this comparative study of a crucial issue in corporate law gives practitioners a powerful and decisive tool for ascertaining and comparing the law affecting directors liability in today s globalizing economies.

Covering nearly fifty jurisdictions worldwide (including eight not previously covered), the third edition affords senior lawyers in major firms the opportunity to provide concise, detailed, and easy-to-understand summaries on his or her home law on directors liability. Authors whose research appeared in earlier editions have updated their chapters, and the case law summarized and analysed now reflects published cases through the end of March 2016.

The contributions describe the relevant law in force in each particular jurisdiction, along with an insightful discussion of trends and future prospects. For each of the different jurisdictions the authors detail and explain such factors as the following:

  • national legal theories of director liabilities;
  • recent cases dealing with directors liability;
  • corporate governance; and
  • indemnification and insurance.

Where applicable, coverage also includes the legal implications of jurisdictional variations in such matters as judicial review, lawyer directorship, directors reliance on outside professionals, and the effect of the European Action Plan. References have been thoroughly updated throughout, and include many new online sources.

This publication will be of enormous value to legal practitioners, whether in private practice or in the legal department of a globally active company, as a comprehensive and easy means of access to the law of foreign jurisdictions on directors liability.


TABLE OF CONTENTS

List of Abbreviations

Argentina Javier M. Petrantonio & Laura Lavia Haidempergher

Australia Rory Moriarty

Austria Christian Dorda

Belarus Dmitry Viltovsky

Belgium Philippe Malherbe

Bermuda David William Peter Cooke

Bolivia Ignacio M. Aguirre U.

Brazil Walter Douglas Stuber

Canada Markus Koehnen & Stephen Brown-Okruhlik

Cayman Islands Antony G.D. Duckworth, Alan G. de Saram & Wendy Stenning

Chile Pablo Guerrero V.

Czech Republic Dagmar Dubecká

Denmark Niels Bang

Ecuador Javier Robalino-Orellana, Daniel Robalino Orellana, Martín Pallares Sevilla & Estefanía Alarcón

Estonia Sven Papp & Kaspar Kolk

The European Action Plans of 2003 and 2012 Thorsten M. Volz

Finland Riikka Rannikko & Jesse Collin

France Jacques Buhart & Nicolas Lafont

Germany Alexander Loos

Hong Kong Allan Leung & Danny Leung

India Som Mandal

Indonesia Lia Alizia & Valdano Ruru

Ireland Stephen Hegarty & Maeve Moran

Israel Ehud Sol & Haim Machluf

Italy Gabriele Fagnano

Japan Norio Mitsuuchi

Latvia Janis Gavars, Reinis Sokolovs & Raimonds Slaidi

Luxembourg Alexander Koch

Mexico Daniel Del Rio & Juan José López-de-Silanes

Mongolia Chris Melville, Anthony Woolley & Ariungoo Khurelbaatar

The Netherlands Willem Calkoen & Martin Grablowitz

New Zealand Pip England

Nigeria Ayodeji Oyetunde & Lotanna Nwodo

The People’s Republic of China Liang Xu & Sarah Zhang

Poland Tomasz Zak

Portugal Miguel de Avillez Pereira & Hugo Teixeira

The Russian Federation Doran Doeh & Svetlana Barinova

Singapore Stephanie Keen & Matthew Bousfield

South Africa Nastascha Harduth, Eric Levenstein, David Gewer & Derek Alexander

South Korea Kyung-Taek Jung & Hye-Sung Kim

Spain Enric Picanyol & Coro Fernández-Rañada

Sweden Björn Kristiansson & Per Samuelsson

Switzerland Matthew T. Reiter & Lorenz Naef

Turkey Serdar Paksoy & assisted by Deniz Özkan

Ukraine Timur Bondaryev, Pavlo Khodakovsky & Alesya Pavlynska

United Arab Emirates Imtiaz Shah

United Kingdom Karla Dudek

United States of America Robert Ripin

Vietnam Jeff Olson & Minh Nguyen

Index

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