kaal:claim:kaal-2013-acomparativeperspectiveo-011

Germany has taken a much stricter approach than the United States to cases involving a breach of the duty of oversight, even though the German business judgment rule formally requires a showing of the same elements as the American one.

Source quote, verbatim

For instance, Germany has taken a much stricter approach to cases involving a breach of the duty of oversight.

From

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013), A Comparative Perspective on the Duty to Monitor, p. 5
· source PDF

Cite as

Kaal, A Comparative Perspective on the Limitations of the Duty of Oversight – A Comment on Lisa Fairfax (2013)

Holds when

comparison of German and Delaware corporate law

Classification

empiricalsupport: arguedcorporate-governance

Related claims

supersedes kaal:claim:1558614-006 Although the business judgment rule is articulated differently in the two countries and German law leaves some...

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