Delinquent directors
Tags: DIRECTORS of corporations -- Legal status, laws, etc.; EXECUTIVES -- Legal status, laws, etc.
Related Articles
- For benefit of company, minimize D&O liability risk. Sroka, John A. // Business Journal (Central New York);04/16/99, Vol. 13 Issue 15, p17
Focuses on the increase in the number and types of lawsuits filed against corporate directors and officers in the United States. Need for a risk-management program to address potential liability of directors and officers; Common lawsuit allegations against directors and officers include...
- Protecting directors and officers: A growing concern. Trieschmann, James S.; Leverett Jr., E.J. // Business Horizons;Nov/Dec90, Vol. 33 Issue 6, p52
Focuses on corporations' need to use risk management techniques to protect their directors and officers from litigation. Liability loss exposure; Directors and officers liability sampling of larger closed settlements; Treatment of loss exposure; Conflict of interest; Document signing; Due...
- D&0s Face Legal Liability If They Fail To Protect Information Assets Of Corporation. // Insurance Advocate;8/4/2001, Vol. 112 Issue 30, p40
Provides information on the report `Out of the NOC and Into the Boardroom: Director and Officer Responsibility for Information Security.' Liability of officers and directors on the protection of corporate information systems and data; Ways to protect information assets; Correlation between the...
- Directors' responsibilities. Keenan, Denis // Accountancy;Nov91, Vol. 108 Issue 1179, p45
Cites the responsibilities of a director, manager or officer of corporations under S 157 of the Environmental Protection Act 1990 of Great Britain. Extension of liability for any breach of the Act.
- Furthering Insolvency: How Did We Get Here From There? Epstein, Michael J. // Business Credit;May2004, Vol. 106 Issue 5, p30
Focuses on the role of directors and officers (D&O) of corporations on the verge of insolvency. Valuation of the company; D&O defense based on the business judgment rule; Duty of good faith and reasonableness.
- Reality Check on Officer Liability. Johnson, Lyman; Ricca, Robert // Business Lawyer;Nov2011, Vol. 67 Issue 1, p75
The article discusses the fiduciary responsibilities of Delaware corporate officers as of November 2011, focusing on executive accountability, liability, and breaches of duties. It states that corporate officers, unlike directors, are agents of corporations and the law of agency therefor applies...
- THE LIMITS OF DERIVATIVE ACTIONS: THE APPLICATION OF LIMITATION PERIODS TO DERIVATIVE ACTIONS. THOMPSON, ROBERT W.; JEFFERS, SCOTT T.; CHISHOLM, CODIE L. // Alberta Law Review;Mar2012, Vol. 49 Issue 3, p603
Limitation periods are an integral and significant aspect of the litigation process in Canada. Although the application of limitation periods may often seem harsh, they are generally considered to be beneficial by bringing stability to society and by providing an incentive to plaintiffs not to...
- Sarbanes-Oxley Act: Interpretive Issues Under Section 402 - Prohibition of Certain Insider Loans. // Venulex Legal Summaries;2002 Q4, p1
The article discusses the Section 402 of the Sarbanes-Oxley Act of 2002. The section states that directors and executive officers are prohibited from getting personal loans from public companies. The section cited reasons for the prohibition including concerns that executives and directors might...
- Targets of lawsuits. Sills, Stephen; Rosen, Mark I. // NACD Directorship;Mar1996, Vol. 22 Issue 3, p10
Reports on the findings of the survey conducted by Louis Harris and Associates on lawsuits filed against corporate directors in the United States in 1995. Comparison between the findings of the 1995 and the 1992 surveys; Percentage of corporations covered by directors' and officers' (D&O)...
