Question
1. Carsten owns 26% of Air Germany GmbH, an Airline for domestic services, connecting the major cities of Germany and Austria. He serves as managing
1. Carsten owns 26% of Air Germany GmbH, an Airline for domestic services, connecting the major cities of Germany and Austria. He serves as managing director of Air Germany. Although it has ordered some more aircrafts in 2019, it is suddenly struggling to pay its debts due to the health crisis. From April 14th Air Germany was bankrupt. Nevertheless, Carsten decided two days before to transfer some outstanding amount of money, especially the board member's salaries and their bonuses for 2019.
Although the directors of a company have the freedom to manage the company largely as they see fit, has Carsten acted correctly or has he violated any of his duties?
If Carsten has violated his duties, which and how? Expalin in short essay form (250-350w)
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