Global Warming Raises Risks For Directors, Officers

Law360, New York (September 11, 2008, 12:00 AM EDT) -- With the turbulence in the financial market holding the current spotlight, many companies may not be too concerned about the legal risks that global warming may pose on their business or their officers and directors.

But even if shareholder and derivative suits are not likely to flood the courts tomorrow, the problem of climate change is becoming a growing threat for companies that would be well advised to rethink their directors and officers liability insurance policy and disclosure practices, attorneys say.

“Global warming is the kind...
To view the full article, register now.