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Expert Analysis

When Should Independent Directors Get Their Own Counsel?

By Christopher Kaufman (June 20, 2018, 11:50 AM EDT) -- With boards of directors (and especially independent directors) facing greater scrutiny from investors and higher risks of litigation than ever before, independent directors should in certain circumstances consider having their own legal counsel. Separate counsel for the independent directors will provide protection for those independent directors as well as management directors, controlling stockholder directors and board processes generally....

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