Training
Provided by Lorman Education Services
BenefitsLearn the new theories of director and officer liability and what can be done to protect directors and officers from personal liability. The world of director and officer liability is changing. Creditors and trustees are the new plaintiffs asserting new and evolving theories of liability. The causes of action range from failing to take action to avoid insolvency to failing to implement adequate controls to catch fraudulent activity. Directors are facing personal liability for transactions with insiders, including transactions considered ordinary course for solvent companies such as repayment of loans from controlling shareholders and paying dividends. Insurance companies have responded by narrowing coverage when the corporation is insolvent. As a result, directors and officers and private equity firms have to pay significant amounts personally in order to resolve claims against directors and officers.
This program is primarily designed for attorneys. Other legal professionals may also benefit from attending.
| This is primarily teleseminar training |  | Contact Lorman Education Services for more information |
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| Training Presented in: | English |
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