Implications of the German Restructuring Act on D&O insurances

Thursday, February 10, 2011 Veröffentlichungen

Article by Dr. Friedrich Isenbart and Maximilian Hofmann in Versicherungspraxis 2/2011

Following the financial crisis, the German legislator intended to set rules against the insufficient sense of responsibility of some managers by extending the limitation periods for D&O liability of stock-listed corporations.

The article at hand discusses such extension of the limitation period for D&O liability as well as the consequences for existing D&O-insurance contracts.

 

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