PLMET:

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Title:

Institution of diligence regulated in Polish and German provisions and liability of members of managing board in limited company

Subject and Keywords:

comparative law   limited company   liability of members of managing board   diligence

Abstract:

This study focuses on the issue of diligence required from members of the management board in a limited company in Polish and German law. It confronts the meaning of this institution in Germany (where this institution was previously regulated) with that in Poland, emphasizing the differences in the wording of the provisions. To demonstrate similarities and differences between these two regulations, the study particularly focuses on the duty of operation in compliance with the law by members of the management board. The comparison of these legal orders concludes that as a rule Polish and German members of the managing board are obliged to operate in compliance with the law. Nevertheless, the above-mentioned differences in the wording of the provisions reveal that German law in some particular cases allows or allowed exceptions from this rule due if it is justified by the economic interest of the company.

Place of publishing:

Wrocław

Publisher:

E-Wydawnictwo. Prawnicza i Ekonomiczna Biblioteka Cyfrowa. Wydział Prawa, Administracji i Ekonomii Uniwersytetu Wrocławskiego

Date issued:

2016

Detailed Type:

journal

Format:

application/pdf

Identifier:

ISSN 2450-3932

Language:

pol   eng

WUL Catalog:

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Is part of:

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Is referenced by:

www.fiw.prawo.uni.wroc.pl

Replaces:

Folia Iuridica Wratislaviensis

Access rights:

The use of this material is allowed only with accordance of applicable rules of fair use or other exceptions provided by law, and any broader use requires the permission of the authorized entity

License:

Making materials available on the basis of the agreement with the owner of the property copyrights

Rights holder:

Copyright by Tymoteusz Siwiak

Location of original object:

Library of the Faculty of Law, Administration and Economics

Autor opisu:

WR U/PAdjm   TK