Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam. volupta
The mission of the Director and Officer Liability Committee is to enhance the understanding of the risks to officers and directors in for-profit companies and to provide tools to assist counsel in managing such risks.
Committee Facts
Committee membership is approximately 260
Committee meetings: at the Spring and Summer Section of Business Meetings, and sometimes at the Fall meeting in Washington D.C.
Special projects/initiatives: currently working on (1) Model indemnification Agreement and (2) implicationsof JOBS Act on officer and director liability.
Areas of Expertise
Director and Officer indemnification
D&O Insurance
Director and Officer liability prevention
Monitoring developing case law
Disputes relating to indemnification and advancement of expenses
Mission Statement
The mission of the Committee on Director and Officer Liability is to monitor developments concerning the liability of directors and officers of for profit corporations, including court decisions, government actions, exculpatory provisions, D & O insurance and indemnification, and, if appropriate, to suggest changes in law or regulation. Through programs, reports and publications, including the preparation of sample documents, the Committee will provide updates and materials on legal developments in director and officer liability.
•the indemnification and insurance protections for officers and directors of public and private companies • areas of risk and the most effective ways for officers and directors to address those risks through careful attention and D&O insurance • a checklist for corporate counsel to use in managing the creation or renewal of comprehensive executive protection programs