Governance Watch is a new program from The Conference Board that helps senior legal and compliance professionals keep abreast of developments in corporate governance. It offers summaries and concise perspectives on developments affecting corporate governance. It focuses on issues that would be of interest to directors and senior business and finance executives, including issues affecting corporate democracy, shareholder communications and relationships, fiduciary obligations of directors, disclosure, compensation and insider trading.

Governance Watch: Officer and Director Indemnification – Considerations for Companies

November 2012

08 November, 2012 | (01 hr)

Join our panel of governance and litigation experts for their thoughts and advice on how to address current issues regarding officer and director indemnification and advancement of attorney’s fees.  Our panel will discuss issues such as:

  • The current parameters of mandatory and permissive officer and director indemnification under Delaware and New York law
  • What remedies are available to a company to recoup attorneys’ fees advanced to an officer or director who is later determined to be not entitled to indemnification?
  • To what extent can a company receive repayment of attorneys’ fees as restitution after a criminal conviction of an officer or director?
  • What is the insurer’s obligation to advance costs and fees associated with a company’s internal investigation?

Audience: Corporate Secretaries, General Counsel, Directors, Chief Governance Officers, and Corporate Governance Managers

Speakers

Kenneth V. Handal

Kenneth V. Handal
General Counsel and Chief Ethics and Compliance Officer
The New York Racing Association, Inc.

Kenneth V. Handal serves as general counsel and chief ethics and compliance officer. Handal is an expert in corporate ethics and compliance, governance, and risk management, with almost 40 years of experience as an attorney. He most recently serve... Full Bio

Lewis J. Liman

Lewis J. Liman (Moderator)
Partner
Cleary Gottlieb Steen & Hamilton, LLP

Lewis J. Liman is a partner based in the New York office.

Mr. Liman's practice focuses on complex commercial litigation, including securities class action lawsuits, and on white-collar defense matters and investigations. He frequently hand... Full Bio

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