Živković Samardžić, one of the Serbia’s leading full-service independent law firms, contributed to the Law Firm Network Global Insolvency and Restructuring Group Directors’ Liability Guide.
Insolvency and Restructuring Group of the Law Firm Network, a global association of independent law firms spread over more than 50 countries, following the publication of its International Insolvency and Restructuring Guide, which provides a practical introduction to the insolvency laws of the different jurisdictions (http://www.networkedlaw.com/legal-updates/iirg/), has collated the Directors’ Liability Guide from contributions made by members of the Law Firm Network and selected law firms in 26 jourisdictions, including Serbia.
Directors’ Liability Guide focuses on the duties of the directors of distressed companies and is aimed at providing the members of the board of directors with guidance on how to best weather the storm. It is important to note that the challenges faced by companies in financial distress vary from company to company and from jurisdiction to jurisdiction. Therefore, the members of the board of directors are well advised to seek independent professional advice, to identify potential pitfalls and director liability issues at an early stage.
Serbian chapter of the Law Firm Network Global Insolvency and Restructuring Group Directors’ Liability Guide was prepared by Igor Živkovski, LLM, Živković Samardžić Corporate and M&A associate, who was supported by our Employment team lawyers.
You can download the Directors’ Liability Guide here, or at the Law Firm Network website at: http://www.networkedlaw.com/legal-updates/directors-guide/.
For more details or any questions, please contact Živković Samardžić Corporate and M&A associate Igor Živkovski, LLM at igor.zivkovski@zslaw.rs of our Employment associate Ana Popović at ana.popovic@zslaw.rs.
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