Legal certainty for decision-makers. Responsibility, liability & compliance.
We advise businesses and individuals, including managing directors, management board members and owners, who face heightened risks and duties of care. Leading a business means bearing responsibility towards shareholders, employees, contractual partners and authorities, often with personal consequences. Managing directors, management and supervisory board members, and shareholders must make decisions that are legally sound and commercially defensible. We advise executives, directors and board members on their rights, duties, personal liability risks and available courses of action. Our aim is to support sound decision-making through clear structures, transparent processes and practical legal advice.
Typical situations in which we can assist
Managing directors, management boards and supervisory boards
We advise corporate officeholders on appointment, removal, representation, resolutions, allocation of responsibilities and personal liability.
Shareholders and decision-making processes
We assist with shareholder meetings, general meetings, shareholder resolutions, and voting, information and oversight rights.
Preventing liability and documenting decisions
We establish a sound basis for decisions, document the factors considered and help safeguard business decisions through a clear legal record, in accordance with the Business Judgment Rule.
Compliance and internal policies
We develop and review compliance structures, policies, control systems and procedures that protect businesses and their leaders.
Responsibility in exceptional circumstances
We advise on conflicts of interest, self-dealing, non-compete obligations, disputes between corporate bodies, decisions in times of crisis and administrative proceedings.
Do you have questions? We have the answers.
How can managing directors safeguard their decisions legally?
By establishing a clear basis for decisions, keeping a transparent record, observing internal responsibilities and obtaining timely legal review of significant measures. LIKAR supports managing directors in these aspects of day-to-day business.
When are managing directors and management board members personally liable?
Personal liability may arise, in particular, where managing directors or management board members breach their statutory duties of care, organisation or supervision. For decisions involving significant commercial consequences or risk, it is advisable to document the basis for the decision, the considerations involved and any necessary approvals carefully. We help executives safeguard their decisions legally and identify personal liability risks at an early stage.