This quick guide summarises the duties that directors of German companies are subject to and how those duties change when the company is insolvent or at risk of being insolvent. It also gives an overview of the personal risk to directors when the company is in financial difficulty and suggests some practical tips to help mitigate liability.
To access the most up to date guide click on this link. This will link to our consolidated guide that is regularly updated and includes the most recent updates for this country.