Business Judgment Rule in German Law Cover Image

Pravidlo podnikatelského úsudku v německém právu
Business Judgment Rule in German Law

Author(s): Alena Pokorná
Subject(s): Commercial Law
Published by: Masarykova univerzita nakladatelství
Keywords: German law; Business Judgment Rule; Czech law; comparation; implementation of law;

Summary/Abstract: The legal regulation of the so called business judgment rule has been stipulated in the Czech Law since February 1, 2014. This rule enables the board member to approve that he had respected the established procedure while making a decision and that he bears therefore no liability for a possible loss caused to the company due to his decision. This article is dealing with the business judgment rule in neighboring Germany as a possible source of inspiration for the Czech legal system.

  • Issue Year: 23/2015
  • Issue No: 2
  • Page Range: 81-91
  • Page Count: 11
  • Language: Czech