ARAG/Garmenbeck
ARAG/Garmenbeck clarified that the supervisory board must independently assess the corporation's claims against management and actively decide whether to pursue them in the company's interest, making it a cornerstone of German director-liability law.
Holding
ARAG/Garmenbeck clarified that the supervisory board must independently assess the corporation's claims against management and actively decide whether to pursue them in the company's interest, making it a cornerstone of German director-liability law.
Issues
supervisory-board oversightpursuit of claims against managementbusiness judgment and corporate interest