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Liability of Corporate Officers and Directors LexisNexis ...

    https://store.lexisnexis.com/products/liability-of-corporate-officers-and-directors-skuusSku6790
    Liability of Corporate Officers and Directors addresses virtually every aspect of D&O liability, loss prevention and financial protection, providing the expert insight and practical perspective essential to any attorney counseling corporate directors and officers. With a full examination of all potential bases for liability -- from breaches of basic duties to specific claims arising under intellectual …

Directors and Officers Liability Insurance: Overview

    https://www.investopedia.com/terms/d/directors-and-officers-liability-insurance.asp
    Nov 07, 2019 · Directors and officers (D&O) liability insurance is insurance coverage intended to protect individuals from personal losses if they are sued as a result of serving …

Liability of Company Directors: Everything You Need to Know

    https://www.upcounsel.com/liability-of-company-directors
    The liability of company directors is typically non-existent when it comes to corporations which have protections in place for high-ranking members and owners. Even if a high-ranking member makes a bad decision, the law will not make that person liable unless there's a violation of a specific duty.

Officer and Director Liability – Corporations

    https://corporations.uslegal.com/officer-and-director-liability/
    Decisions made by officers and directors of corporations typically have not subjected these individuals to personal liability. Even if an officer or director makes what turns out to be a bad business decision, the law does not render the person liable unless that decision violates a specific duty imposed on the officer or director. On the other hand, the law governing corporations has expanded liability in …

Recent Trends in Officer Liability - The Harvard Law ...

    https://corpgov.law.harvard.edu/2021/02/21/recent-trends-in-officer-liability/
    Feb 21, 2021 · AmerisourceBergan Corp., in the context of resolving a books and records demand seeking “senior management materials,” the Court of Chancery expanded on officer liability, reiterating the longstanding principle that officers are “corporate fiduciaries” who “owe the same duties to the corporation and its stockholders as directors.” The court further explained that officers also are “agents who report to the board of directors” …

The Who, What & Why of Directors & Officers Insurance ...

    https://www.thehartford.com/management-liability-insurance/d-o-liability-insurance/explained
    Directors and officers (D&O) liability insurance protects the personal assets of corporate directors and officers, and their spouses, in the event they are personally sued by employees, vendors, competitors, investors, customers, or other parties, for actual or alleged wrongful acts in managing a company. The insurance, which usually protects the company as well, covers legal fees, …

Personal Liability of Corporate Officers

    https://www.upcounsel.com/personal-liability-of-corporate-officers
    Typically, a corporate officer isn't held personally liable, as long as his or her actions fall within the scope of their position and the parameters of the law. An officer of a corporation may serve on the board of directors or fulfill a managerial role. A corporate …

Directors’ Liabilities and Responsibilities - Malescu Law ...

    https://malesculaw.com/directors-liabilities-and-responsibilities/
    Corporate officers and directors acting in professional capacity may be held liable for negligence breach of duty of care or duty of loyalty. Misuse of corporate form. Corporate officers and directors may be liable in cases the courts decide to pierce the corporate veil. Courts are reluctant to pierce the corporate veil and do not do so with ease.

Can the Officer of a Corporation Be Held Personally Liable ...

    https://legalbeagle.com/12717738-can-the-officer-of-a-corporation-be-held-personally-liable.html
    The most common areas of personal liability touch on actions that officers and directors take that are not specifically authorized or are negligent. For example, if an officer gets into an accident while driving the company car, the other driver will sue the company but may also sue the …

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