LIABILITY OF SUPERVISORY DIRECTORS IN THE NETHERLANDS ANTILLES

Ordinary negligence does not constitute liability
Shareholders of a Netherlands Antilles public limited liability company (‘NV’) or private limited liability company (‘BV’) may choose between the English/American one-board (or one-tier) system and the traditional continental European two-tier system.
In the one-tier system there is just one corporate body consisting of both executive and non-executive members. In the [...]