European Union: Directors and Officers

US fund managers establishing Luxembourg special limited partnerships face critical decisions about board composition and liability exposure.

Der BGH hat mit Urteil vom 14.10.2025 grundlegende Anforderungen an die Überwachungspflichten des Aufsichtsrats und die Berichtspflichten des Vorstands präzisiert. Auch bei ruhendem Geschäftsbetrieb einer Aktiengesellschaft bleiben die gesetzlichen Berichts- und Überwachungsmechanismen vollumfänglich bestehen. Die Entscheidung verdeutlicht, dass Aufsichtsratsmitglieder ihre Pflichten nicht durch informelle Gespräche erfüllen können und bei Pflichtverletzungen pers

When a company pays an interim dividend but later discovers it lacked sufficient distributable profits, can those payments be recovered from shareholders? This analysis examines the unique legal position of interim dividends under Maltese company law, exploring the circumstances under which clawback becomes possible and the critical distinction between lawful distributions affected by subsequent misfortune and unlawful payments that should never have been made.

La Cour de cassation se prononce sur un redressement de cotisations sociales concernant une convention de gestion qui dissimulait la rémunération d'un président de société. L'arrêt clarifie les conditions de régularité de la procédure de contrôle URSSAF et abandonne l'obligation d'appeler en cause le dirigeant bénéficiaire dans les contentieux de redressement. Cette décision précise également les limites de la procédure d'abus d

The UK Supreme Court has delivered a landmark ruling confirming that fiduciaries who secretly profit from their position hold those gains on constructive trust for beneficiaries from the moment of receipt. The decision establishes that third parties who dishonestly assist in dissipating such profits face full liability, even when beneficiaries suffered no direct financial loss and would never have generated those profits themselves.

Luxembourg has implemented new gender balance requirements for listed company boards, mandating that at least 33% of all director positions be held by the under-represented sex by June 30, 2026.

The EU Insolvency Harmonisation Directive introduces sweeping changes to insolvency frameworks across Member States, establishing minimum standards in five critical areas including directors' duties to file, avoidance actions, and pre-pack procedures.

In this article, we examine the offence of breach of trust under Article 390 of the Greek Criminal Code, which may be committed by managing directors, members of the Board of Directors...

When shareholders' agreements conflict with a company's Memorandum and Articles of Association under Maltese law, the legal consequences may surprise many stakeholders.