Directors' Liability

Compiled under the auspices of the International Bar Association, this
firstever comparative study of a crucial issue in corporate law gives
practitioners a unique tool for comparing competing legislative systems in our
globalizing economies. Each of more than fifty authors, all of them senior
lawyers in major firms, provides a summary on his or her home law on directors
liability, as concise and as easy to understand as possible.

The contributions describe the relevant law in force in each particular
jurisdiction, along with an insightful discussion of trends and future
prospects. For each of thirty-four different jurisdictions the authors detail
and explain such factors as the following:

national legal theories of directors liabilities

recent cases dealing with directors liability

socio-anthropological issues

corporate governance

liability issues

indemnification; and

insurance

Where applicable, coverage also includes the legal implications of
jurisdictional variations in such matters as judicial review, lawyer
directorship, directors reliance on outside professionals, and the effect of
the European Action Plan. Jurisdictions in all continents are covered,
including all G8 states, the European Community, and sixteen EU Member States.
An alphabetical subject index at the end of the book offers not only page
numbers but, in addition, abbreviated country names, in order to facilitate
finding the appropriate page numbers for the country desired.

This one-of-a-kind publication will be of enormous value to legal
practitioners, whether in private practice or in the legal departments of one
of the globally active companies, as a comprehensive and easy-to-understand
first access to the law of foreign jurisdictions on directors liability.