Understand the standards of liability for directors and officers and key protections that are available to them.
Mismanagement of a corporation by directors and officers can have a devastating effect on the corporation and its shareholders, employees, and creditors. Attendees of this program will gain a thorough understanding of legal claims that can be asserted against directors and officers of corporate entities and strategies for both prosecuting and defending those claims. The speakers will explain the fiduciary duties that directors and officers owe to the corporation, the standards of liability of directors and officers and key defenses and protections that are available to directors and officers.
Agenda
Overview
Fiduciary Duty
- Duty of Care
- Duty of Loyalty
Indemnification and Insurance of Directors and Officers
- Indemnification
- Insurance Policies and Coverage Considerations
State Court Remedies Against Directors and Officers
- Personal Liability
- Liability for Unlawful Dividends and Other Distributions
- Preparing for Litigation
Bankruptcy Court Remedies Against Directors and Officers
- Role of the Trustee
- Trustee’s Causes of Action
Speakers
David A. Jones, Jr.,
Bernstein-Burkley, P.C.- Partner in the Litigation Practice Group at Bernstein-Burkley, P.C.
- Practice focuses on commercial and general business litigation in state and federal courts, including representing Trustees and interested parties in bankruptcy proceedings.
- Has represented bankruptcy trustees and creditor committees in the investigation and litigation of claims against directors and officers of debtors, including for breaches of fiduciary duty.
- Has represented both shareholders and directors and officers in litigation involving allegations of breaches of fiduciary duty.
- University of Pittsburgh, B.A. degree; University of Pittsburgh School of Law, J.D. degree
- Member of the National Order of Barristers, American Bar Association, Pennsylvania Bar Association, and Allegheny County Bar Association.
John J. Richardson, Esq.,
Bernstein-Burkley, P.C.- Partner & Co-Chair of Litigation Practice Group – Bernstein-Burkley, P.C.
- Practice focuses on representing companies and individuals in business disputes, shareholder disputes and insider investigations in state, federal and bankruptcy courts
- Has represented shareholders, bankruptcy trustees and plan administrators in directors and officers liability claims
- John Carroll University, B.A.degree; University of Pittsburgh School of Law, J.D. degree
- Member of the American Bar Association, Pennsylvania Bar Association, Ohio Bar Association, West Virginia Bar Association and Allegheny County Bar Association
Who Should Attend
This live webinar is primarily designed for attorneys. Other legal professionals may also benefit from attending.
