Home > Catalogue > Ricerche giuridiche > 6 | 2 | 2017 > Le conseguenze del difetto di sottoscrizione dell’intermediario nei contratti bancari
cover
cover

Le conseguenze del difetto di sottoscrizione dell’intermediario nei contratti bancari

Stefania Santamaria    Dottore di ricerca e cultore in Diritto dell'economia nell'Università "Parthenope" di Napoli    

VIEW PDF DOWNLOAD PDF

abstract

The author comments on the recent decision of the Supreme Court concerning the important issue of directors’ duties and responsibilities. The judgment of June 22nd 2017, n. 15470, invokes the business judgment rule which is a legal principle that grants directors, managers and agents of a company immunity from lawsuits relating to corporate transactions when it is found that they have acted in good faith and in the best interest of the company. If it is correct to state that the bad management of the directors is likely to generate a responsibility for them in violation of the duties imposed by the law, it is equally true that the business judgment rule protects the content of management decisions in terms of convenience but also of opportunities, profitability and profitability, except on the assumption of evident irrationality. In the case in point the Court ruled that the business judgment rule cannot be applied because of the irrational decisions made by the director in the absence of an adequate decision-making process.

Published
Dec. 18, 2017
Accepted
Jan. 31, 2018
Submitted
Jan. 17, 2018
Language
IT

Keywords: Banking ContractInvestors’ protectionBank’s signature

Copyright: © 2017 Stefania Santamaria. This is an open-access work distributed under the terms of the Creative Commons Attribution License (CC BY). The use, distribution or reproduction is permitted, provided that the original author(s) and the copyright owner(s) are credited and that the original publication is cited, in accordance with accepted academic practice. The license allows for commercial use. No use, distribution or reproduction is permitted which does not comply with these terms.