Directors' liability

Directors' liability

As a company director, you may incur personal liability when you commit a fault in the course of your duties. This liability must be understood with a view to minimising the risk of its occurrence. You will therefore find the answers to the following questions in the attached summary note: - Who is likely to hold you liable? - For what faults? - How can you avoid joint and several liability? - Are there any liability ceilings? - What are the protection mechanisms? - When does your liability end?