15.02.2017

News

NJORD Law Firm in Estonia invites to breakfast seminars

“A board member is not a robot!”

There has been a lot of talk about the liability of board members, but not so much said about what that responsibility demands from the board member on a daily basis – and what the board member can demand in return.

The content of the work and the everyday activities of a member of the management board is not regulated in legal acts. This means that you have to perform your duties day and night. The law imposes a lot of obligations but gives few rights. The board member is however still a human being with all its limits and needs a certain level of security to know that one day he or she is not walking away with empty pockets.

NJORD partners Triinu Hiob and Katrin Sarap will lead this practical morning seminar on board member agreements. The focus will be on rights, obligations and liability aspects of a board member agreement as well as how to enter and end such an agreement.

Place:
NJORD Law Firm
Veerenni 24 D-entrance, Tallinn

Time:
Wednesday, 8 March 2017 (in Estonian)
Thursday, 9 March 2017 (in English)
08.45 – 9.00 arrival
9.00 – 10.30 seminar

Participation:
The seminar is free of charge, a light breakfast is served.
Please register no later than 28 February 2017 seminar@njordlaw.ee

Latest news

NJORD Estonia: Is non-predictable increase of construction cost the basis for the amendments in the construction contract?

Construction is often a long-term process, going on for years. A lot may change during this period in the surrounding economic and political environment. Therefore, at the time of entry into the construction contracts with a longer term, it is often not possible to foresee the significant future developments and changes occurring in the construction market. The changes may include, for example, the appreciation of construction costs, due to unforeseen increases of construction materials, and labour costs during the execution of the construction contract. Classically, this risk is borne by the contractor.

Get the latest legal news

We gladly share our knowledge with you. Subscribe to our newsletters.

Subscribe here