Michael Peregrine wrote this bylined article questioning a new scholarly study’s conclusion that personal legal and financial risk for corporate directors is largely a myth. “The universe of risks confronting corporate directors is increasingly arising from more diverse sources” than the civil litigation the authors cited, Mr. Peregrine wrote, which creates “multiple sources of potential exposure” that should lead boards to confirm the adequacy of their liability insurance if claims arise “from risks beyond traditional civil litigation.” Read the full article.
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