Best Corporate Governance Lawyers in Scheibbs
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List of the best lawyers in Scheibbs, Austria
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Austria Corporate Governance Legal Questions answered by Lawyers
Browse our 1 legal question about Corporate Governance in Austria and read the lawyer answers, or ask your own questions for free.
- Can our Austrian GmbH directors approve a related-party contract without a shareholders’ vote?
- I’m a minority shareholder and the managing director wants to sign a service agreement with a company owned by his spouse. The contract value is significant and I’m worried about conflicts of interest and whether it can be approved at board level only. What approvals and disclosure steps are required,... Read more →
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Lawyer answer by Dr. Simon Burger
A managing director is generally required to act at arm’s length and in the best interests of the company. This does not automatically preclude entering into agreements with related parties (such as a company owned by the director’s spouse), provided...
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