Directors And Officers Liability

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9781402406560: Directors And Officers Liability

The totally rewritten Second Edition of Directors' & Officers' Liability is an essential resource for every director, officer, and attorney who advises them, offering today's most complete coverage of the duties imposed on them by Sarbanes-Oxley reforms and the legal dangers of noncompliance.

This new edition shows top managers how today's stricter regulatory regime includes new disclosure requirements - with coverage of new certification requirements, new officer responsibilities for ensuring the effectiveness of internal controls and disclosure controls, new obligations to report material off-balance sheet arrangements, and new real-time disclosure requirements -- new guidelines for boards and committees - including rules mandating the independence of board members and the creation of an independent compensation committee, corporate governance guidelines, and rules ensuring the authority, expertise and independence of audit committee members -- new limitations on directors and officers - including prohibitions on company loans to executives, prohibitions on trading during pension "blackout" periods, and rules against executive interference with outside auditors and attorneys who report questionable corporate activity -- new penalties for officers and directors - including bars for fraud violations, penalties for retaliation against whistleblowers, and penalties for obstruction of justice. Packed with "best practice" guidelines, Directors' & Officers' Liability is the concise, readable, useable source of legal information every corporate executive and attorney should have on hand.

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James A. Fanto
Published by Practising Law Institute (PLI) (2005)
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Book Description PLI, 2005. Loose Leaf. Book Condition: Brand New. 2nd edition. 371 pages. 9.90x7.60x1.80 inches. In Stock. Bookseller Inventory # 1402406568

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