If you are serving as an officer or director of a public company (or a large private company), it has never been more important to make sure that you have an aggressively protective personal ...
D&O insurance should cover liabilities and defence costs, including liabilities owed to the company (such as the liabilities proven against Mr Bekier and Ms Martin) and pecuniary penalties (both of ...
Whether they are new executive leaders or longtime members of a corporate board, directors and officers should be considering two prongs of protection – a robust insurance program and a tailored ...
Indemnity clauses are included in contracts to provide a means by which the contracting parties can shift the responsibility of risk. “Indemnity clauses can expand, limit or even eliminate the ...
The Dibrino case clarifies that indemnity and additional insured coverage are separate and governed by different standards. Indemnity requires a direct link to a subcontractor’s scope of work, while ...
This book examines such topics as: the risks officers and directors face, derivative and class actions, and when a corporation is required—or allowed— to provide indemnification. David M. Kroeger is a ...
Please provide your email address to receive an email when new articles are posted on . Indemnification spells out who is responsible for liabilities related to the pre-closing operations of the ...
Have you ever faced this situation? Your firm receives a request for proposal (RFP) from a new client. It sounds like a great opportunity, and the firm is excited to respond. The RFP includes the ...
Every now and again, I have to remind myself — or be reminded by a client — that not everyone speaks “law.” What are familiar terms to lawyers aren’t necessarily so to those in other walks of life. I ...
In merger and acquisition (“M&A”) transactions, the definitive purchase agreement (whether asset purchase agreement, stock purchase agreement, or merger agreement) typically contains representations ...