CEO will pay debt when there is an enforcement order against the company
A member of the management board may be held liable for the debts of a limited liability company. He or she is then liable with his or her own assets for the company's debts. When there are several board members, their liability is joint and several. When can a debt be recovered from these persons? For a more detailed explanation, read Dr Marcin Borkowski's article.
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In depth: Private Wealth and Private Client Review | Edition 12
In depth: Private Wealth and Private Client Review | Edition 12Concerned about
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