AuthorS
Markus Dörig
Jeannette Wibmer
Introduction
New Federal Court decision on business judgement rule. A recent Swiss Federal Court decision(1) clarified the circumstances under which the personal liability of board members or managers of a Swiss company for their business decisions and omissions can be reduced by applying the so-called ‚business judgement‘ rule or, if the related prerequisites are not met in a particular case, based on other grounds.
