Tag: Director’s Liability

The Supreme Court Establishes a New Prescription Period and Criteria for Director Liability Actions regarding Social Debts

Judge of supreme court hitting sounding block with wooden gavel while sitting by desk in courtroom and passing judgement during trial session

The Supreme Court (TS), in a recent decision, has outlined new parameters for the prescription and action of liability against directors regarding social debts. This resolution, of paramount importance in the corporate legal field, clarifies the regulatory framework applicable to director liability in situations of social debts. Previous doctrinal debate revolved around the prescription period… Continue reading The Supreme Court Establishes a New Prescription Period and Criteria for Director Liability Actions regarding Social Debts