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Expert Analysis

D&O In An Age Of Individual Accountability: Part 2

Law360, New York (June 10, 2014, 11:11 AM EDT) -- In the first installment of this three-part column, we discussed the heightened risk executives face in an "Age of Individual Accountability," and the right to advancement of legal fees to defend against regulatory investigations. We saw that Delaware makes advancement discretionary, but that many companies adopt bylaws that require advancement to the maximum extent permitted by Delaware law. Today, we look at the issue of indemnification....

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