Hazelhoff Guest Lecture | ‘Double indemnity’: limited liability and limited directors’ liability
- Prof. Joeri Vananroye
- 8 November 2018
- This lecture will be in English. After the lecture there will be a reception.
- Kamerlingh Onnes Building
2311 ES Leiden
- Lorentzzaal (A1.44)
The draft of a new Belgian Company Code provides for a hard ‘cap’ on the liability of directors, limiting their exposure to a lump sum maximum amount. This unprecedented proposal prompts reflection on the role of directors’ liability in companies with limited liability for shareholders.
Professor Joeri Vananroye teaches commercial law and economic analysis of law at KU Leuven (Belgium). He is currently a visiting professor at Leiden University in the framework of the TPR chair.
He was an expert assisting the Belgian Minister of Justice with the drafting of the recent overhaul of commercial law and acted as an expert in the standing parliamentary committee on commercial law. Joeri Vananroye practices as an attorney at the Brussels bar (Quinz). He initiated www.corporatefinancelab.org, arguably the most influential legal blog on business law in Belgium.
In this Hazelhoff Guest Lecture, he will shed his light on the role of directors’ liability in companies with limited liability for shareholders.
Previous Hazelhoff Guest Lectures were given by Jan Kees de Jager, former Dutch Finance Minister, Rutger Schimmelpenninck and Ben Knüppe, liquidators in the bankruptcy of DSB Bank, Nout Wellink, former president of De Nederlandsche Bank (Dutch central bank), Rutsel Martha, former Justice Minister of the Dutch Antilles, Don Scott De Amicis, former Vice President and General Counsel of the Overseas Private Investment Corporation (OPIC), Joanne Kellermann, board member Single Resolution Board, Wim Mijs, Chief Executive of the European Banking Federation (EBF) and Bas de Wit, Head of the Netherlands Authority for the Financial Markets Legal Affairs Division.