Directors and officers insurers backdating claims face

Don’t wait until your business experiences a significant D&O loss to consider this vital business insurance protection.Fill out the Contact Us form on the right or call us at (800) 350-7676.

In fact, some courts have held that the company's duties to its creditor Instead, creditors may protect their interests by bringing derivative claims on behalf of the insolvent corporation and any other direct non-fiduciary claim that may be available to individual creditors. Given the complexity at hand, effective coverage can only be afforded through comprehensive business acumen on the part of policy point of sale administrators.With merger and acquisition activity rising in various sectors, combined with the expectation of a long overdue rebound in the U. IPO market, an increasing number of directors and officers will face challenges navigating unfamiliar governance requirements and exposures.To help businesses better understand the level of risk their directors and officers face, BHS has developed this Directors and Officers Liability Scorecard.Instructions: Please note that each section will have its own instructions related to scoring. After you have completed all of the sections to the best of your ability, add up your score and determine your level of risk by utilizing the chart at the end of this document.If the claim is allowed, the court then will determine what priority to give the claim pursuant to section 507 of the Code, if any.

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