Viktor Andreev, an advocate from Iusland Law Offices, advises how hired directors can protect themselves from unlawful bringing to subsidiary liability

The authors of the article “Bringing hired directors to subsidiary liability”, in the Russian legal publication “Pravo.ru, draw attention to the annually growing number of cases of subsidiary liability, to which hired directors of various companies are involved. Often, a hired director falls under this exceptional measure, not being guilty of bankruptcy or reduction of company property. Experts from Pravo.ru provide professional and valuable advices on how a hired director can protect himself in this case. Viktor Andreev, an advocate from Iusland Law Offices, was one of the experts, who advised to record the fact of making decisions on transactions with other legal entities in writing: “you must indicate in writing that all the necessary information for the transaction was submitted to the participants of the legal entity”.

More detailed information on the news portal "Pravo.ru":

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