William Smith was quoted in an October 10 article published by Bankruptcy Law360 regarding the effects of corporate board actions during a time of insolvency and the additional care needed when making decisions. Mr. Smith stated that corporate boards have essentially two lines of protection from creditors' lawsuits after a bankruptcy. First, they need to be informed about the potential impact of any decisions the company takes and secondly, they need to get outside experts to counsel them on all of these decisions. "It's not that you have to do anything differently, but you have to think harder. And the earlier that you think harder, the better," he said.