D&O insurance for authorized representatives: Does liability follow coverage?

Tuesday, June 11, 2013 Veröffentlichungen

Article by Dr. Mark Wilhelm und Dr. Fabian Herdter in EUROFORUM Newsletter Haftpflicht & D&O 01/2013

German labor courts increasingly focus on the question as to what D&O insurance could influence the extent of liability of authorized representatives.

According to the jurisdiction of the Federal Labor Court (BAG), seeking D&O insurance cover by a company might effect that the authorized representative becomes fully liable rather than being liable just to a limited extent.

 

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