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Obligation of diligence by the governing body

As a result of the trial 3-2-1-197-13, the Supreme Court of Estonia expressed its position regarding the obligation of diligence by the governing body. The duty of diligence means that a board member should be diligent and sufficiently informed in order to make decisions on behalf of the commercial partnership and not expose the latter to unreasonable risks. This position was expressed by the Estonian Supreme Court in earlier decisions, too.