Business Judgment Rule in German Law

Vol.23,No.2(2015)

Abstract
The legal regulation of the so called business judgment rule has been stipulated in the Czech Law since February 1, 2014. This rule enables the board member to approve that he had respected the established procedure while making a decision and that he bears therefore no liability for a possible loss caused to the company due to his decision. This article is dealing with the business judgment rule in neighboring Germany as a possible source of inspiration for the Czech legal system.

Pages:
81–91
Author biography

Alena Pokorná

The Supreme Administrative Court of the Czech Republic, Brno

Nejvyšší správní soud, Brno
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