Directors' Liability and Indemnification: A Global Guide, Fourth Edition

As the world recovers from the pandemic, companies and individuals face increasing risks and uncertainty. Directors are subject to more legal scrutiny and are looking for protection through indemnification and D&O insurance. The fourth edition of this title provides fully updated contributions from legal experts on what directors need to be concerned about in 2022 and beyond, and the protections available. It also includes new chapters on Jersey, Guernsey, Sweden, and Saudi Arabia.

Format: Hardback
Length: 870 pages
Publication date: 12 October 2022
Publisher: Globe Law and Business

As the world begins to recover from the global pandemic, companies and individuals face increasing risks and uncertainty. Stock market fluctuations, heightened international tensions, and the full effects of Brexit, as well as India and China emerging as economic superpowers challenging the supremacy of the United States and the EU, are just a few of the challenges that lie ahead. Coupled with this is the daily occurrence of cyber attacks, enhanced scrutiny of cultural perspectives within the business world following the #MeToo and Black Lives Matter movements, and the ever-present threat of climate change, which now sits at the forefront of boardrooms. Amid all this, directors are subject to more legal scrutiny than ever before. In the six years since the last edition was published, companies' laws and financial regulations have been updated, and there has been 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 has 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 experts in the field, providing readers.

Weight: 1422g
Dimension: 164 x 245 x 52 (mm)
ISBN-13: 9781787428362
Edition number: 4 New edition