Supreme Court and Directors’ Liability: Clarity on the Statute of Limitations

DAUSS Abogados examines the Supreme Court Ruling, First Chamber, 1450/2025, which consolidates the criteria regarding the statute of limitations for joint liability claims arising from corporate debts (Art. 367 LSC).

The ruling clarifies that, in cases of unpaid debts, directors are liable in a manner similar to a joint guarantor, and that the limitation period is aligned with that of the action to claim the guaranteed debt.

This decision reinforces the distinction between liability for damages and liability for debts, providing greater legal certainty for directors and creditors.

Read our full analysis to discover how this ruling fine-tunes the framework of directors’ liability and the applicable limitation periods.