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This is an expanded and updated edition of an acclaimed reference book for
international business lawyers first published in 2006. Compiled under the
auspices of the International Bar Association, this comparative study of a
crucial issue in corporate law gives practitioners a unique tool for
ascertaining and comparing the law affecting directors’ liability in today’s
In this new edition, covering a total of 41 jurisdictions, each of more than
seventy senior lawyers in major firms provides a concise, detailed, and
easy-to-understand summary on his or her home law on directors’ liability.
Authors whose research appeared in the first edition have updated their
chapters, and the case law throughout the book now reflects published cases
through the end of March 2010.
The contributions describe the relevant law in force in each particular
jurisdiction, along with an insightful discussion of trends and future
prospects. For each of the different jurisdictions the authors detail and
explain such factors as the following:
• national legal theories of director liabilities;
• recent cases dealing with directors’ liability;
• socio-anthropological issues;
• corporate governance;
• liability issues; and
• indemnification and insurance.
Where applicable, coverage also includes the legal implications of
jurisdictional variations in such matters as judicial review, lawyer
directorship, directors’ reliance on outside professionals, and the effect of
the European Action Plan. Jurisdictions in all continents are covered. An
alphabetical key word register at the end of the book offers not only page
numbers but, in addition, abbreviated country names, in order to facilitate
finding the appropriate page numbers for the country desired.
This one-of-a-kind publication will be of enormous value to legal
practitioners, whether in private practice or in the legal department of a
globally active company, as a comprehensive and easy access to the law of
foreign jurisdictions on directors’ liability.
Preface. About the Editor and the Authors. Index of Countries. Index of
Abbreviations. Africa. South Africa. America. Argentina. Bermuda. Brazil.
Canada. Cayman Islands. Chile. Mexico. United States of America. Asia. Arab
Emirates. Hong Kong. India. Israel. Japan. Mongolia. The People’s Republic of
China. The Russian Federation. Singapore. Turkey. Vietnam. Australia and New
Zealand. Australia. New Zealand. Europe. The European Action Plan. Austria.
Belgium. Czech Republic. Denmark. Finland. France. Germany. Ireland. Italy.
Luxembourg. The Netherlands. Poland. Portugal. Spain. Sweden. Switzerland.
Ukraine. United Kingdom. Register.