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What is the legal liability of board members?

Board members are liable to the company, the shareholders, and the creditors within the scope of their duty of care and loyalty. Personal liability may arise for public debts and for negligent transactions. We structure decision-making processes and documentation so as to minimise these risks.

Updated · July 20261 min readCategory · Practice & Disputes
Short answer

Board members are liable to the company, the shareholders, and the creditors within the scope of their duty of care and loyalty. Personal liability may arise for public debts and for negligent transactions. We structure decision-making processes and documentation so as to minimise these risks.

Board members are liable to the company, the shareholders, and the creditors under their duty of care and loyalty. Personal liability may arise for public debts and for negligent transactions. We structure decision-making processes and documentation so as to minimise these risks.

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