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The Latest Thinking on D&O Protection
Date: March 10, 2015
Location:Newport Beach
The Latest Thinking on D&O Protection. OC Tech Alliance. The cost of indemnifying and insuring company directors and officers continues to grow. Multi-forum stockholder litigation forces business to defend such challenges to corporate actions in multple courts across the country. They disrupt business, multiply litigation costs, and bear the specter of unpredictable outcomes. Often meritless suits, they waste corporate resources and harm shareholders in the long run. Forum selection and fee-shifting provisions in corporate charters and bylaws may protect corporations from such duplicative and wasteful litigation. Recent cases from Delaware to California suggest that these provisions can be effective. See
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