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May 2009
By Brian Rosenbaum, LL.B. Supplement to 20 Questions Directors Should Ask about Directors’ and Officers’ Liability Indemnification and Insurance This special supplement is designed to be read in conjunction with 20 Questions Directors Should Ask about Directors’ and Officers’ Liability Indemnification and Insurance. Directors face a range of legal exposures in respect of their association with and fiduciary duty to a corporation. They increasingly look to the state of their indemnities and insurance and to their professional advisors for assurances that they have an appropriate level of protection in place. Boards are well advised to take an active interest in their corporation’s provisions for indemnification and insurance for directors' and officers' liability. 20 Questions Directors Should Ask About Directors’ and Officers’ Liability Indemnification and Insurance will help directors understand the protection available to them under corporate indemnification and directors’ and officers’ insurance. The document discusses indemnification and insurance in three sections: indemnification, insurance coverage, and insurance claims, and provides questions that directors may ask the CEO and their professional advisors to ensure that they fully understand the protection available to them. Purchase a hard copy Download a soft copy |
