Successful Outcome in Borgarting Court of Appeal in Case on Board Liability Under the Companies Act § 17-1
In a judgment from Borgarting Court of Appeal on January 23, 2024, Hjort's client was granted com-pensation under the Companies Act § 17-1. According to the provision, among others, the CEO, board members, or shareholders can be held personally liable for damage caused intentionally or negligently.