Directors' liabilities in case of insolvency
Author(s)
Bibliographic Information
Directors' liabilities in case of insolvency
Kluwer Law International, 1999
Available at 21 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
This text sets out fact patterns which trigger liability in various jurisdictions and offers helpful real-world recommendations in a lucid, straightforward manner. The chapters follow the same basic frame and guidelines for ease of comparison. The book traces the rise in the number of cross-border transactions and large insolvencies in free-market countries has brought director liability to the foreground, most notably regarding positions that span multiple jurisdictions and do not involve an active role in management. It argues that directors must be aware of the rules applicable in the countries in which they hold positions, especially where their companies face financial difficulties or insolvency. Numerous differences in the law exist, even between countries close in proximity and those which speak the same language and share the same legal history. The cost of failure to conform to applicable laws may be dire.
The text draws attention to the numerous factors that hamper access to the applicable rules such as the lack of a multi-national treaty dealing in depth with insolvency, corporate restructuring, or directors' liabilities; the lack of unity in applicable sanctions; the complex and numerous sources of jurisdictional rules (the Insolvency Act, the Corporations Act, and the Criminal Code, or some combination); the lack of jurisdictional consistency in classifying a particular behaviour as illegal; the significant role of a constantly evolving body of case law; and the instructions imposed on public prosecutors by governmental bodies. Lawyers and business people should be able to appreciate this clear, practical guidance in a particularly challenging area of the law.
Table of Contents
- Part I: Asia. 1. Japan
- H. Kojima. 2. Singapore
- A. Ali Bin Fakhruddin, J. Yap. Part II: Australasia. 3. Australia
- L. Vassiliou, J. Thynne, H. Condon. Part III: Europe. 4. Austria
- P. Luiki, M. Barnert. 5. Belgium
- F. Lefevre. 6. Denmark
- M. Serring. 7. England & Wales
- C. Hanson, P. Wilkinson. 8. Finland
- P. Jaatinen. 9. France
- A. Sorensen, J. Sandilands. 10. Germany
- H.-J. Freund. 11. Italy
- G. Barreca, A. Luca Mendicini. 12. Sweden
- E. Fura-Sandstrom. 13. Switzerland
- D.E. Tunik. Part IV: North America. 14. Canada
- J.A. Pinsky, P. Ross Bybelezer. 15. USA
- P.F. de Ravel d'Esclapon, D.M Grimes.
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