Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company

This study analyses the rule of business decision in the laws of several states and focuses on similarities, but also differences between regulations. At the same time, it is a rich source of analysis on the way in which insolvency germs and regulations on the liability of company managers are reflected in the legislation of several states. The elements presented broadly argue essential aspects of the national legislation, but also the legislative regulations of other states, but the peculiarities and similarities mentioned focus on the specificity of our legislation. The terms of comparison reveal important and clear aspects regarding the liability of the natural person with management/management position in a company making an incursion into the Anglo-Saxon legislation and practice of origin, but also in laws and jurisdictions.

Authors

Publication Details

Journal
Perspectives of Law and Public Administration.
Published
2024-10-25
DOI
https://doi.org/10.62768/plpa/2024/13/3/12
Primary Topic
Corporate Governance and Law
Type
article
Field-Weighted Citation Impact
0.00
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article

Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company

Petre Andrei Țâru
Perspectives of Law and Public Administration.
Corporate Governance and Law
article

Aspects of Comparative Law with Regard to the Business Decision Rule. Particularities of the Liability of the Administrator of the Company Relating to the Liability for the Insolvency of the Company

Petre Andrei Țâru
article en

Abstract

This study analyses the rule of business decision in the laws of several states and focuses on similarities, but also differences between regulations. At the same time, it is a rich source of analysis on the way in which insolvency germs and regulations on the liability of company managers are reflected in the legislation of several states. The elements presented broadly argue essential aspects of the national legislation, but also the legislative regulations of other states, but the peculiarities and similarities mentioned focus on the specificity of our legislation. The terms of comparison reveal important and clear aspects regarding the liability of the natural person with management/management position in a company making an incursion into the Anglo-Saxon legislation and practice of origin, but also in laws and jurisdictions.

Perspectives of Law and Public Administration.Vol. 13(3)
Openalex Percentile: Top 54%
Corporate Governance and Law
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