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Directors’ Liability and Indemnification

Directors’ Liability and Indemnification

Mr Edward Smerdon

(2016)

Additional Information

Abstract

As the world has been rocked by financial crises, and following the Forex and Libor-fixing scandals, directors are subject to more intense regulatory scrutiny than ever. Understandably, directors are looking closely at the protection available to them, through both indemnification and directors' and officers' (D&O) insurance. The exposures that directors face and the extent to which indemnification and insurance may provide protection vary significantly around the world. The third edition of this title features contributions by leading experts on the important aspects of directors' liability, the protection available to directors and the risks of doing business in multiple jurisdictions. Each chapter includes commentary on civil claims and indemnification, regulatory and criminal liability, regulatory issues surrounding global D&O programmes and their ability to provide cover in all intended jurisdictions. The third edition also explores all-new companies laws in major jurisdictions and includes an expanded United States – which explores the differences between the 50 states on key issues - as well as an additional chapter on Bermuda and offshore territories. Outside the United States, the new edition documents the increase in group/class action activity and development of jurisprudence around the world. This third edition is a powerful tool in assisting directors, officers, in-house counsel and the private practice lawyers advising them to make well-informed judgements about the risks they are taking.

Table of Contents

Section Title Page Action Price
Front Cover 1
Title 2
Copyright 3
Table of contents 4
Preface Edward Smerdon Sedgwick, Detert, Moran & Arnold LLP 8
Argentina\rMartín G Argañaraz Luque\rLaura I Kurlat\rAllende & Brea Abogados 12
Australia\rWill Harrison\rMinter Ellison 34
Belgium\rHugo Keulers\rPieter-Jan Van Mierlo\rJo Willems\rLydian 56
Bermuda\rMark Chudleigh\rAlex Potts\rSedgwick Chudleigh Ltd 74
Brazil\rJulia Santoro de\rCamargo Donato\rDR&A Advogados 100
Canada\rPascal de Guise\rMaxime Lemoyne\rRaphael Roditi\rBorden Ladner Gervais LLP 120
China\rZaichi Hu\rBlake, Cassels & Graydon LLP 146
Colombia\rJosé Mafla\rCarlos Umaña\rBrigard & Urrutia 164
Czech Republic\rPetr Kasík\rJosef Kříž\rKocián Šolc Balaštík 178
France\rRomain Schulz\rEleonora Sorribes\rSarah Xerri-Hanote\rHMN & Partners 206
Germany\rKatharina Haehling von Lanzenauer\rSiegwerk Druckfarben AG & Co KGaA\rOliver Sieg\rNoerr LLP 238
Hong Kong\rMark Bedford\rKevin Lee\rZhong Lun Law Firm 260
Hungary\rGábor Damjanovic\rKlára Simon\rForgó, Damjanovic & Partners Law Firm 282
India\rMahadev Prakash\rGowtham Reddy\rSajai Singh\rJ Sagar Associates 298
Ireland\rJoy Compton\rIndependent Consultant\rEileen Grace\rEugene F Collins 322
Israel\rHarry Orad\rGross, Orad, Schlimoff & Co 342
Italy\rSerena Triboldi\rPontecorvi Mannaerts & Triboldi 360
Japan\rShigeru Ogiso\rYuasa and Hara 400
Kazakhstan\rBolat Miyatov\rGRATA Law Firm 416
Luxembourg\rMichel Molitor\rMolitor Avocats à la Cour 432
Mexico\rJesús Colunga\rDaniel Del Río\rBasham Ringe y Correa SC 448
Netherlands\rAnnemieke Hendrikse\rVan Doorne NV 468
Poland\rMichał Barłowski\rWardyński & Partners 486
Russia\rMurat Akuyev\rEkaterina Dorokhova\rYulia Solomakhina\rCleary Gottlieb Steen & Hamilton LLC 510
Singapore\rAndrew Chan\rJonathan Chan Tuan San\rMichelle Lim\rSophie Lim\rLoong Tse Chuan\rAllen & Gledhill LLP 528
Slovakia\rKatarína Čechová\rMarek Holka\rDiana Régiová\rČechová & Partners sro 548
South Africa\rMichael Hart\rStephen Kennedy-Good\rNorton Rose Fulbright South Africa Inc 564
Spain\rIgnacio Figuerol\rClyde & Co 580
Switzerland\rPhilipp Känzig\rJonas Stüssi\rStaiger, Schwald & Partner AG 604
Ukraine\rSergiy Gryshko\rZoryana Sozanska-Matviychuk\rRedcliffe Partners 626
United Arab Emirates\rNadim Bardawil\rSarah Kadhum\rMichael Kortbawi\rBSA Ahmad Bin Hezeem & Associates LLP 640
United Kingdom\rTristan Hall\rAndrew Milne\rSedgwick, Detert, Moran & Arnold LLP 662
United States\rJohn W Blancett\rMartin J O’Leary\rKatelin O’Rourke Gorman\rEric C Scheiner\rSedgwick LLP 684
Venezuela\rFrancisco M Castillo\rJosé G Torrealba\rHoet Peláez Castillo & Duque 708
About the authors 728