{"title":"Responsabilidad de los administradores en la etapa preconcursal: situaciones de pérdidas patrimoniales","authors":"Felipe Suescún de Roa","doi":"10.18601/16923960.V14N2.02","DOIUrl":null,"url":null,"abstract":"Directors owe fiduciary duties to the company and its shareholders. Before insolvency, more specifically, when corporations are facing events of equity loss, directors should refrain from initiating new transactions and should call for a shareholders meeting. By not doing so, directors would be jointly and severally liable for corporate debts after the equity loss took place.","PeriodicalId":40260,"journal":{"name":"Revista e-Mercatoria","volume":"14 1","pages":"51-65"},"PeriodicalIF":0.1000,"publicationDate":"2015-12-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Revista e-Mercatoria","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.18601/16923960.V14N2.02","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"LAW","Score":null,"Total":0}
引用次数: 0
Abstract
Directors owe fiduciary duties to the company and its shareholders. Before insolvency, more specifically, when corporations are facing events of equity loss, directors should refrain from initiating new transactions and should call for a shareholders meeting. By not doing so, directors would be jointly and severally liable for corporate debts after the equity loss took place.