The Duty of Care and the Business Judgment Rule standard in American law and the Buen Hombre de Negocios standard in Uruguayan law
El estándar del Duty of Care y la Business Judgment Rule en el Derecho Americano y el estándar del Buen Hombre de Negocios en el Derecho Uruguayo
O standard do Duty of Care e Business Judgement Rule no Direito Americano e o standard do Buen Hombre de Negocios no Direito Uruguaio
| 2023 | |
|
Duty of Care Business Judgment Rule Buen Hombre de Negocios Responsabilidad de administradores societarios Duty of Care Business Judgment Rule Standard good businessman Liability of company directors Duty of Care Business Judgment Rule Padrão do bom empresário responsabilidade dos directores de empresas |
|
| Español | |
| Universidad de Montevideo | |
| REDUM | |
| http://revistas.um.edu.uy/index.php/revistaderecho/article/view/1154 | |
| Acceso abierto | |
| Atribución 4.0 Internacional |
| Sumario: | This article proposes to analyze the regulation and application of the Duty of Care and the Business Judgment Rule in American Law in order to compare it with the Buen Hombre de Negocios standard in Uruguay. Also to discuss the applicability of American law criteria in Uruguayan law in the light of the draft reform of the Commercial Companies Act, and finally to propose a sort of "two-step test" at the court level for the review of the liability of company directors. The article will also study the divergences between the regime of judicial review and the conduct of company directors. |
|---|
