Removal of a Shareholder-Director

OLG Munich on Removal for Important Reasons – Case No.: 23 W 354/23e   Even seemingly small errors in bookkeeping can be an important reason for the removal of a shareholder-director. This is evident from a ruling by the OLG Munich dated May 25, 2023 (Case No.: 23 W 354/23e). The removal of a director […]

Managing Director Liability and D&O Insurance

OLG Schleswig on the Assignment of the Indemnification Claim, Case No. 16 U 93/23 The assignment of an indemnification claim from a D&O insurance policy suspends the statute of limitations on the liability claim of the injured company. This was decided by the Schleswig-Holstein Higher Regional Court in its ruling on February 26, 2024 (Case […]