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9780735550964
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Thanks to the numerous recent corporate and accounting scandals, corporate officers and directors now face a host of new problems ranging from a blizzard of new legislation, rules, and responsibilities, to increased SEC oversight, new NYSE and NASDAQ listing standards, new fiduciary and other duties, and crushing new criminal penalties. Representing Corporate Officers & Directors tells you what to look for ... what to look out for ... and what steps to take to protect your corporate clients in today's harsh regulatory environment.This unique new guide helps you to:Keep on top of the avalanche of legislation, rules, regulations, and case decisions affecting corporate officers and directorsStrengthen corporate defenses: bylaws, procedures, insurance coverage, and moreLimit officer/director exposure to liabilityAvoid costly fines and criminal penaltiesAnd anticipate and counter shareholder claimsIn addition, this comprehensive guide helps you to:Determine what types of officer and director liability are limited by the corporation's state of incorporationAdd or strengthen indemnity clauses to corporate bylawsWeigh the premium costs of new or increased coverage against expected benefitsReview limitations on the tax deductibility of self-insured indemnity paymentsPrepare officers and directors to avoid the dangers of conflict of interest, taking corporate opportunities, and receiving unreasonable compensation or other illegal paymentsAnd closely analyze the applicable laws, court decisions, and regulations, such as Section 11 of the Securities Act of 1933, if a securities offering is plannedProtect your officers and directors with the most comprehensive, up-to-date, and instantly useful guide in its field -- an invaluable resource for every attorney with corporate officer and director clients.Marc J. Lane is the author of 'Representing Corporate Officers & Directors', published 2004 under ISBN 9780735550964 and ISBN 0735550964.
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