Business, Management and Accounting
8 years ago

New Italian company law limits directors' liability in conflict situations.

Directors’ liability, conflicts of interest and business judgment rule under the new Italian company law
R Lener

Paper Summary

Directors can be held liable for conflicts of interest under Italian company law. The business judgment rule helps protect directors by assuming they act in the company's best interest. However, this rule has limits, especially in cases of conflict of interest.

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