Key Concerns for Individuals Considering Becoming Directors of Private Companies and a Review of Indemnification and D&O Insurance

July 18, 2018

By: Allan Grauberd, Lindsay R. Kaplan, and David Lee Kovacs

An invitation to serve on a board of directors (the “Board”) of a private corporation can be an interesting, even flattering opportunity. One may be asked to join a Board because a corporation is impressed with the potential director’s business acumen, demeanor, insight into the industry, or a host of other reasons.

Click here to read the in depth article on this topic, which provides a brief overview of certain key questions and documents that are prudent to review prior to joining a Board. The article then explores in some detail indemnification and directors & officers’ liability insurance, which together act as a backstop in protecting a director when litigation arises.

To listen to the webinar on the topic, click below.