LIABILITY OF MANAGEMENT SERVICES COMPANIES
Aspects of director’s liability
Management services companies a.k.a. trust companies (‘trustkantoren’) can face liability as a result of how they have performed trust and management services to their clients, and in particular when acting as managing director (‘statutair directeur’) of a legal entity, whether alone or together with others.
A trust company acting as managing director for a client company is subject to the general rules on director’s liability. Such liability towards the client company may arise in the event a trust company is found to be seriously negligent (‘een ernstig verwijt kan worden gemaakt’) in fulfilling its tasks as …
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