KKG Partners – guests at the legal breakfast

Conference

30 April 2009

Partners Rafał Kos and Henryk Gaertner were guests at a legal industry breakfast organised together with HBR on the topic of the liability of management board members. Drawing on their extensive experience, they talked about how in times of crisis when the possibility of business failure has significantly increased, management board members should pay particular attention to legal risks related to the current market conditions. What are the acceptable boundaries of business risk? What are the criteria for the liability of management board members for ill-judged business decisions, i.e.: in the context of currency options? What is the liability of management board members in relation to binding instructions from the general shareholders meeting?