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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law
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Directors' Liability and Indemnification - A Global Guide, Fourth Edition (Hardcover, 4th New edition)
Loot Price: R7,967
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Directors' Liability and Indemnification - A Global Guide, Fourth Edition (Hardcover, 4th New edition)
Expected to ship within 12 - 17 working days
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As the world begins to recover from the global pandemic, companies
and individuals are faced with increasing risks and uncertainty.
There are stock market fluctuations, heightened international
tensions, and the full effects of Brexit which are yet to be felt,
as well as India and China emerging as economic superpowers
challenging for the first time the supremacy of the United States
and EU. Coupled with this is the now daily occurrence of cyber
attacks, enhanced scrutiny of cultural perspectives within the
business world following the #MeToo and Black Lives Matter
movements, and ever-present threat of climate change, this issue
now front and centre in boardrooms. Amid all this directors are
subject to more legal scrutiny than ever. In the six years since
the last edition was published, companies' laws and financial
regulations have been updated, and there is more diligent and
better resourced enforcement of bribery and corruption laws.
Shareholders around the world enjoy more extensive rights to hold
directors to account than ever before, and directors are less
likely to be forgiven for ignoring their responsibilities. They are
looking ever more closely at the protection available to them,
through both indemnification and directors' and officers' (D&O)
insurance, the latter having recently been through the "hardest"
market for decades, with reductions in the amount of cover
available and significantly increased premiums, partly as a result
of the increase in volume and severity of directors' claims.
Nonetheless, the exposures that directors face and the extent to
which indemnification and insurance may provide protection around
the world are still very nuanced; there can be no "one size fits
all" approach. The fourth edition of this title features fully
updated contributions from leading legal experts around the world
on what directors need to be concerned about in 2022 and beyond,
together with the protections available. Each chapter follows a set
structure (updated for this edition) which includes commentary on
the risks of civil, criminal and regulatory claims against
directors, and addresses the availability of indemnification and
D&O insurance. New features of this edition include greater
scrutiny of criminal vs regulatory liability, forecasting of
particular trends, and the insurability of fines and penalties in
the jurisdictions covered. The fourth edition also includes new
chapters on Jersey and Guernsey (Offshore), Sweden (Nordics) and
Saudi Arabia. This title will be an essential reference guide for
directors, officers, in-house counsel and private practice lawyers
advising them. It will provide a starting point for their
assessment of today's legal exposures and assist with the
management of their business risks.
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