D&O liability under American and German law and the liability cover furnished by insurers

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Focusing on the liability of managers, this seminar paper examines the coverage provided by insurers in the USA and Germany. It is structured into three main sections: the evolution of Directors and Officers (D&O) insurance, the liability landscape in both countries, and the coverage concepts along with relevant case law. The paper provides a comparative analysis of how manager liability is addressed through insurance mechanisms in these two legal systems.