
Corporate Law
No Directors' Liability for Failed Startup, but Liability for Preferential Payments
18 June 2026
On 10 June 2026, the Limburg District Court delivered an interesting judgment on directors' liability in the context of a failed startup. The bankruptcy trustee argued that the company's directors had manifestly mismanaged the company and were therefore liable for the entire bankruptcy deficit. The court dismissed that claim but did hold the directors personally liable for preferential payments made to affiliated parties shortly before the company's bankruptcy.




