Liability of executives in the USA.
You have probably heard about the multi-million dollar court ruling against McDonald's or the curious stories surrounding product liability in the USA. Even if some examples are „urban legends,“ the fact remains: companies in the USA often face extensive liability, and executives can be personally affected. Our recruiting white paper explains in which cases liability risks arise and how you as a company can protect yourself when expanding into the US—including tips for filling key positions with the right people.
The following topics are covered in this whitepaper:
- The basic rule is: No liability for managers
- Product liability
- Breach of contract
- Corporate debt
- Fiduciary duties
- Intentional offenses
- Actions of the employees
- RICO
- Insurance cover for this type of liability
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