The De Facto Manager Versus the Hidden Director (El Administrador de Hecho (SAS) Frente al Director Oculto) (Spanish)

Revist@ e-Mercatoria, Vol. 9, No. 1, 2010

28 Pages Posted: 23 Jul 2010

See all articles by Camilo Enrique Cubillos

Camilo Enrique Cubillos

Universidad Externado de Colombia

María Mónica Pino Solano

affiliation not provided to SSRN

Victor Manuel Armero

affiliation not provided to SSRN

Date Written: July 22, 2010

Abstract

In an effort to provide a critical position concerning the inclusion of the so called de facto managers mentioned in Statute 1258/2008 as an innovative figure in Colombian legislation, the authors present an overview of the notion of the de facto managers and shadow directors in Comparative Law. The idea is to provide readers with elements to analyze its application and legal consequences in Colombia since they are extending liability of company managers.

Note: downloadable document is in Spanish

Keywords: Simplified Stock Corporations, de Facto Managers, Shadow Director, Liability, Management

JEL Classification: K22

Suggested Citation

Cubillos, Camilo Enrique and Pino Solano, María Mónica and Armero, Victor Manuel, The De Facto Manager Versus the Hidden Director (El Administrador de Hecho (SAS) Frente al Director Oculto) (Spanish) (July 22, 2010). Revist@ e-Mercatoria, Vol. 9, No. 1, 2010, Available at SSRN: https://ssrn.com/abstract=1646982

Camilo Enrique Cubillos (Contact Author)

Universidad Externado de Colombia ( email )

Calle 12 # 1-17 este
Calle 12 0 83
Bogota D.C, Cundinamarca 3456
Colombia

María Mónica Pino Solano

affiliation not provided to SSRN ( email )

Victor Manuel Armero

affiliation not provided to SSRN ( email )

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