1.0IBJ - IJEhttps://ibj.be/nl/ronnyvanderborghthttps://ibj.be/nl/author/ronnyvanderborght/Directors’ Liability - IBJ - IJErich600338<blockquote class="wp-embedded-content" data-secret="DpWsRV6BIc"><a href="https://ibj.be/nl/partnerblog/directors-liability/">Directors’ Liability</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://ibj.be/nl/partnerblog/directors-liability/embed/#?secret=DpWsRV6BIc" width="600" height="338" title="“Directors’ Liability” — IBJ - IJE" data-secret="DpWsRV6BIc" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://ibj.be/wp-content/uploads/2020/06/crowell-moring-cropped.png39776Under Belgian law, legal entities act through their governing bodies. Directors, as members of these governing bodies, are not personally liable for the obligations of the company. However, they are accountable to the company for faults committed in the performance of their task, and they are, in certain circumstances, also accountable to third parties. In this way, directors can become either civilly or criminally liable.