In a pivotal decision on September 17, 2024, the Munich Regional Court (LG Munich I, Case No. 20 O 14715/21) ruled on a case concerning the liability of managing directors and consulting services provided during a failed corporate restructuring. The ruling offers important insights into the extent of managerial responsibility in Germany and highlights the critical issues of contract-based claims, tort liability, and the statute of limitations.
Here’s what foreign business leaders need to know about this ruling and its broader implications.










