Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company
Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company
Author(s): Petre-Andrei ȚâruSubject(s): Law on Economics, Commercial Law, Comparative Law
Published by: Societatea de Stiinte Juridice si Administrative
Keywords: business decision rule; comparative law; liability of company administrators/directors; insolvency;
Summary/Abstract: This study analyses the rule of business decision in the laws of several states and focuses on similarities, butalso differences between regulations. At the same time, it is a rich source of analysis on the way in which insolvencygerms and regulations on the liability of company managers are reflected in the legislation of several states. The elementspresented broadly argue essential aspects of the national legislation, but also the legislative regulations of other states,but the peculiarities and similarities mentioned focus on the specificity of our legislation. The terms of comparison revealimportant and clear aspects regarding the liability of the natural person with management/management position in acompany making an incursion into the Anglo-Saxon legislation and practice of origin, but also in laws and jurisdictions.
Journal: Perspectives of Law and Public Administration
- Issue Year: 13/2024
- Issue No: 3
- Page Range: 460-470
- Page Count: 11
- Language: English