Directors' liability

Mr Otto Lenselink has provided legal advice to (former) directors of transport companies on the risks of directors’ liability. In a number of cases, his legal assistance was also sought in legal proceedings brought by receivers against ex-directors.

The main rule is that a director of a legal entity is not personally liable for damages or debts of the legal entity. However, there is an exception to this main rule. However, a (former) director of a legal entity can be held personally liable for debts of the (bankrupt) legal entity, in case of culpable actions or mismanagement. This may be the case if proper business records have not been kept, if the director has been unjustly enriched, or if the legal entity has entered into debts that the director knew or should have known that the legal entity would no longer meet its obligations.

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Need a lawyer for directors’ liability?

Transport law lawyer Otto Lenselink is experienced in the field of corporate law and he will be happy to provide you with advice. Please feel free to contact him.

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