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No Coverage Of D&O Insurance For Damage Resulting From Delay In Insolvency Filing
In a landmark decision, Düsseldorf Higher Regional Court clarified that general managers cannot rely on their D&O insurance cover in the event of claims for repayment by an insolvency administrator under Section 64 German Act on Limited Liability Companies (Case I-4 U 93/16).
Germany
12 Sep 2018
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