Monitor Prawniczy

no. 20/2021

Hindsight bias vs liability for damages of management board members for their decisions

DOI: 10.32027/MOP.21.20.2
Paweł Tymczyszyn
Autor jest radcą prawnym.
Dominika Wajda
Autorka jest adiunktem w Katedrze Prawa Handlowego w Instytucie Prawa Cywilnego na WPiA Uniwersytetu Warszawskiego, radcą prawnym w Warszawie.
Abstract

The article analyses differences in the assessment of risk of certain actions depending on the timing of the assessment and impact of such variable convictions on the liability of board members for their business decisions. The article presents current court decisions concerning the standard of due diligence of managers and outlines planned amendments to the Commercial Companies Code.