How to try Cases on Board and Management Liabilities after a Financial crisis

Bidragets oversatte titel: Domstolsprøvelse af sager om bestyrelses- og direktionsansvar efter en finansiel krise

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    Abstrakt

    Since Denmark did not have the principle of the 'business judgment rule' finally confirmed within the financial sector, a judgment
    from the Danish Supreme Court on this matter was anticipated with great anxiety: whether the principle would be confirmed, and if so, how the further details of the principle would be drawn up. The conclusions are that not even banks’ boards or managers are to be considered ‘professional’; they remain under the protection of the ‘business judgment rule’, holds Danish Supreme Court. And rightly so, explains the author.
    Bidragets oversatte titelDomstolsprøvelse af sager om bestyrelses- og direktionsansvar efter en finansiel krise
    OriginalsprogEngelsk
    TidsskriftEuropean Company Law
    Vol/bind17
    Udgave nummer3
    Sider (fra-til)72-75
    Antal sider4
    ISSN1572-4999
    StatusUdgivet - 1 jun. 2020

    Emneord

    • board liability
    • management liability
    • business judgment rule, Denmark
    • liability after financial crisis, Denmark
    • Danish law

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