Shifting Fiduciary Duties 
in Troubled Economic Times:
How Directors and Officers Can Fulfill Their Duties and Minimize Liability in 2009 and Beyond
(Originally presented: Wednesday, May 12, 2009.)
Presenters
Joseph Alexander, Rich Wilson and
Margo Brownell
The Critical Issues
The economic crisis is causing huge financial losses for companies, shareholders and individual investors. As a result, directors, officers, executives and fiduciaries, in addition to the companies themselves, are being caught in the crosshairs of potential legal liability for such losses.
This informative seminar will discuss the changing fiduciary duties of directors and officers in these challenging times and highlight the types of legal claims that may be brought by shareholders. Learn how directors and officers can avoid such claims and what insurance coverage may be available to protect them from liability arising from corporate losses.
Topics will include
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The shifting fiduciary duty of directors and officers toward shareholders and creditors when companies encounter financial stress
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How the current economic climate is likely to affect the exposure of directors and officers to shareholder claims
- Statutory indemnification rights of directors and officers
- The promise and pitfalls of Directors & Officers Liability Insurance and what protection directors and officers can expect (or not) when claims against them are on the horizon
Questions may be directed to Lynnette or Patty at 612.672.8251.
