Occasion legislation on the backs of trustees?

In the current issue of the Liechtensteinische Juristenzeitung, Dr. Helmut Schwärzler and MMag. Martin Hermann publish on the topic of directors’ and officers’ liability. As a result of the tempering legislation in Liechtenstein, claims of bank clients in the amount of several hundred million are retroactively declared time-barred. In doing so, the legislator has overlooked the fact that this liability passes directly to the governing bodies and thus to the Liechtenstein trustees.