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D&O – Limiting Liability While Maximizing Coverage

Law360 (January 26, 2009, 12:00 AM EST) -- During the current economic crisis, directors and officers face ever-increasing scrutiny by regulators, shareholders and plaintiffs.

The volume of lawsuits against and investigation of corporations has escalated in recent years, and new areas of litigation in the wake of changes brought about by the Gramm-Leach-Bliley Act have not only increased the focus on privacy, but have brought a surge in corporate bankruptcies.

Issues of corporate responsibility have risen to the forefront, and the cost of defending the resulting lawsuits is escalating.

Recent drops in stock markets...
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