Workshop Autumn 2023: Director’s liability
Questions for discussion:
1. The system of director’s liability in insolvency proceedings (e.g. whether there is a specific liability rule. If not, is there a need for one?)
2. Duty of care and duty of loyalty in relation to insolvency and the restructuring process
3. Which directors are liable in the insolvency phase (e.g. shadow directors)
4. What are the typical liability situations in judicial practice
5. Whether there are differences with the general phenomena of directors liability. For example, the legal basis, the extent of the liability (Hungarian law, for example, uses presumptions of liability to facilitate proof, presuming liability for certain conduct)
6. Is there a trend in the developement of the jurisprudence or legislature (significant changes, scope of persons liable)
7. The relation to the piercing of the corporate veil doctrine
8. De lege ferenda assessment of judicial practice and literature on these liability issues.