Action for Damages against a Member of the Board of Directors
More recently, the Supreme Court has ruled on an unresolved issue regarding the possibility of a supervisory board to file a claim for damages on behalf of the Company against a member of the board of directors without a “qualified” shareholder applied for it. Although the decision has been taken under the “old” legislation, it is still relevant to the current wording of the relevant provision. If you are interested in a more detailed analysis of the decision concerned, you can find it in an article below in which Tereza Kolaříková and Ivan Rada dealt with the issue.
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Entered under File No. C 187629 held by the Municipal Court in Prague