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EBRD: Business Reorganisation Assessment
The European Bank for Reconstruction & Development (EBRD) has completed its Business Reorganisation Assessment, which was launched in 2020 in response to the economic crisis generated by the Covid-19 pandemic. As a result, the main EBRD Assessment Report was published in January 2022. The report provides a comprehensive cross-jurisdictional analysis of business reorganisation tools and stakeholders’ […]
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Wrongful trading and directors’ liability – the Baltics, CEE and SEE region
Generally speaking, wrongful trading is the special form of liability where a director of a company is liable for damages towards the creditors for the mismanagement of an insolvent company. A special feature of the wrongful trading concept is that it may give rise not only to the liability of the director of the company […]
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Wrongful trading and directors’ liability – Lithuania
Generally speaking, wrongful trading is the special form of liability where a director of a company is liable for damages towards the creditors for the mismanagement of an insolvent company. A special feature of the wrongful trading concept is that it may give rise not only to the liability of the director of the company […]