A PRIMER ON DIRECTORS AND OFFICERS INSURANCE FOR PRIVATE ENTITIES
by Fredric L. Shenkman, Esq., LL.M. This primer is intended to outline the fundamentals of directors and officers insurance (“D&O”) for non-publicly traded entities. Historically, corporations could not indemnify their officials against personal losses arising out of their duties as directors or officers. A precipitous increase in litigation against officers and directors, who often serve […]