Directors' liability and indemnification : a global guide


    • Smerdon, Edward

Bibliographic Information

Directors' liability and indemnification : a global guide

consulting editor, Edward Smerdon

Globe Law and Business, c2016

3rd ed

Available at  / 3 libraries

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Includes bibliographical references

Description and Table of Contents


As the world has been rocked by financial crises, and following the Forex and Libor-fixing scandals, directors are subject to more intense regulatory scrutiny than ever. Understandably, directors are looking closely at the protection available to them, through both indemnification and directors' and officers' (D&O) insurance. The exposures that directors face and the extent to which indemnification and insurance may provide protection vary significantly around the world. The third edition of this title features contributions by leading experts on the important aspects of directors' liability, the protection available to directors and the risks of doing business in multiple jurisdictions. Each chapter includes commentary on civil claims and indemnification, regulatory and criminal liability, regulatory issues surrounding global D&O programmes and their ability to provide cover in all intended jurisdictions. The third edition also explores all-new companies laws in major jurisdictions and includes an expanded United States - which explores the differences between the 50 states on key issues - as well as an additional chapter on Bermuda and offshore territories. Outside the United States, the new edition documents the increase in group/class action activity and development of jurisprudence around the world. This third edition is a powerful tool in assisting directors, officers, in-house counsel and the private practice lawyers advising them to make well-informed judgements about the risks they are taking.

Table of Contents

Preface 7 Edward Smerdon Sedgwick, Detert, Moran & Arnold LLP Argentina 11 Martin G Arganaraz Luque Laura I Kurlat Allende & Brea Abogados Australia 33 Will Harrison Minter Ellison Belgium 55 Hugo Keulers Pieter-Jan Van Mierlo Jo Willems Lydian Bermuda 73 Mark Chudleigh Alex Potts Sedgwick Chudleigh Ltd Brazil 99 Julia Santoro de Camargo Donato DR&A Advogados Canada 119 Pascal de Guise Maxime Lemoyne Raphael Roditi Borden Ladner Gervais LLP China 145 Zaichi Hu Blake, Cassels & Graydon LLP Colombia 163 Jose Mafla Carlos Umana Brigard & Urrutia Czech Republic 177 Petr Kasik Josef Kr iz Kocian S olc Balas tik France 205 Romain Schulz Eleonora Sorribes Sarah Xerri-Hanote HMN & Partners Germany 237 Katharina Haehling von Lanzenauer Siegwerk Druckfarben AG & Co KGaA Oliver Sieg Noerr LLP Hong Kong 259 Mark Bedford Kevin Lee Zhong Lun Law Firm Hungary 281 Gabor Damjanovic Klara Simon Forgo, Damjanovic & Partners Law Firm India 297 Mahadev Prakash Gowtham Reddy Sajai Singh J Sagar Associates Ireland 321 Joy Compton Independent Consultant Eileen Grace Eugene F Collins Israel 341 Harry Orad Gross, Orad, Schlimoff & Co Italy 359 Serena Triboldi Pontecorvi Mannaerts & Triboldi Japan 399 Shigeru Ogiso Yuasa and Hara Kazakhstan 415 Bolat Miyatov GRATA Law Firm Luxembourg 431 Michel Molitor Molitor Avocats a la Cour Mexico 447 Jesus Colunga Daniel Del Rio Basham Ringe y Correa SC Netherlands 467 Annemieke Hendrikse Van Doorne NV Poland 485 Michal Barlowski Wardynski & Partners Russia 509 Murat Akuyev Ekaterina Dorokhova Yulia Solomakhina Cleary Gottlieb Steen & Hamilton LLC Singapore 527 Andrew Chan Jonathan Chan Tuan San Michelle Lim Sophie Lim Loong Tse Chuan Allen & Gledhill LLP Slovakia 547 Katarina C echova Marek Holka Diana Regiova Cechova & Partners sro South Africa 563 Michael Hart Stephen Kennedy-Good Norton Rose Fulbright South Africa Inc Spain 579 Ignacio Figuerol Clyde & Co Switzerland 603 Philipp Kanzig Jonas Stussi Staiger, Schwald & Partner AG Ukraine 625 Sergiy Gryshko Zoryana Sozanska-Matviychuk Redcliffe Partners United Arab Emirates 639 Nadim Bardawil Sarah Kadhum Michael Kortbawi BSA Ahmad Bin Hezeem & Associates LLP United Kingdom 661 Tristan Hall Andrew Milne Sedgwick, Detert, Moran & Arnold LLP United States 683 John W Blancett Martin J O'Leary Katelin O'Rourke Gorman Eric C Scheiner Sedgwick LLP Venezuela 707 Francisco M Castillo Jose G Torrealba Hoet Pelaez Castillo & Duque About the authors 727

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