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Liability Insurance Policies for Directors and Officers – A Checklist of Matters to Consider

February-28-2011

Lawyer Francy Kussner
Area Corporate Finance and Securities

Summary

Directors and officers face a wide and growing range of potential personal liabilities in the course of carrying out their duties. A directors’ and officers’ liability insurance policy (or “D&O policy”) can help protect against these risks. D&O policies are negotiable and policy terms and conditions can vary materially. The following is a brief outline of certain issues that directors and officers should consider when reviewing their D&O policy.

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