LIABILITY OF DE FACTO MANAGING DIRECTORS IN THE DUTCH CARIBBEAN

Policy maker can be held liable As a general rule a corporation in the Netherlands Antilles is a legal entity distinct from its shareholders. In terms of liability for mismanagement the law focuses on the managing directors as well as other persons who actually “act as managers” (a.k.a. policy makers or de facto managing directors).… Continue reading LIABILITY OF DE FACTO MANAGING DIRECTORS IN THE DUTCH CARIBBEAN