A right to D&O: No employment contract without a procurement clause

Financial Interest Cover is often presented as the solution for multinational insurance programmes in non-admitted jurisdictions. In reality, the structure can raise difficult questions around policy wording, loss quantification and the transfer of insurance proceeds.

Cyber attacks can threaten the very survival of businesses. Many companies in Germany therefore protect themselves with cyber insurance. However, these policies often do not cover all losses or contain hidden clauses.

D&O liability and insurance in Germany work differently. If you are a manager, board member, or advisor operating in the German market, here are 10 essential facts you need to know.

Under German law, all members of the management board bear responsibility for the company. But can liability be minimised by allocating responsibilities? Dr. Mark Wilhelm shows the possibilities and limits of such a plan.