Piercing the Corporate Shield

I. Personal Liability of Management Board Members for the Debts of Limited Liability Companies Under Polish Law The nomenclature of the spółka z ograniczoną odpowiedzialnością—Poland’s functional equivalent to the American limited liability company—suggests a regime of circumscribed exposure to creditor claims. This characterization, while accurate with respect to shareholders, proves decidedly misleading when applied to … Continue reading Piercing the Corporate Shield