How institutions protect themselves against liability suits

The governing bodies of a company are obliged to comply with all restrictions set out by law, the articles of association and other company law requirements. If these far-reaching legal and contractual framework conditions, which are often difficult to keep track of in everyday business, are not complied with, the decision-makers of companies are often confronted with liability issues. 

(published by Dr Helmut Schwärzler, published in Wirtschaft Regional 03/2013)