Directors’ & Officers’ Liability understands the new challenges facing today’s top managers in the Sarbanes-Oxley era. This must-have resource provides directors, officers, and their attorneys with the comprehensive legal knowledge they need to ensure compliance with today’s many new legal standards and achieve greater professional competence. This Practising Law Institute title offers practical, plain-English coverage of the duties, obligations, and expectations imposed upon directors and officers — from standard duties of care and loyalty, to new disclosure requirements, to new pressures to demonstrate greater financial expertise and leadership skills. It also covers the steps involved in satisfying legal and professional demands, including guidance from state corporate law, the SEC, and ABA and ALI model corporate codes, protections against liabilities, including insight into effective affirmative defenses, protective business judgment rule, safe-harbor statutes, contractual indemnification, and D&O insurance policies, penalties, fines, and other punitive measures for failure to meet legal standards, latest trends affecting directors and officers, including greater pressures on corporate boards to oversee executives’ actions and to serve vigorously on corporate committees, greater D&O accountability to individual (not just institutional) shareholders, and more mandates from the NYSE and other SROs.
Summary of Contents:
 Basic Business Obligations and Duties of Directors and Officers;
Board Committees;
Duty of Loyalty of Directors and Officers;
Special Obligations of Directors and Officers;
Special Obligations of Directors and Officers Under the Federal Securities Laws;
Criminal Liability and Other Significant Penalties;
Director and Officer Indemnification and Insurance.
*Important! Supplement Update Policy: Like most attorney-practitioner titles, this item may be supplemented from time to time with updates by the publisher in order to reflect any changes in the legal topic area covered. These updates are important in ensuring that your item always reflects the most up-to-date legal information. Your purchase price includes the cost of all previous updates and any updates that may be issued within 60 days of your purchase. After that period, subsequent supplements will be sent to you directly from the publisher for your review and purchase.
Shipping: This item may arrive separately from other items included in your order. |
