Does D&O-insurance affect the standard of liability for authorized representatives and other executives?

Thursday, August 7, 2014 Veröffentlichungen

Article by Dr. Fabian Herdter in Versicherungspraxis 08/2014

German labour courts increasingly focus on the question as to what extent D&O-insurance could influence liability of authorized representatives and other executives.

Recent decisions of the Federal Labour Court (Bundesarbeitsgericht – BAG) might be interpreted in such way that the mere fact of seeking D&O-cover by the company has the effect that authorized representatives and executives are no longer liable just to a limited extent

 

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