Navigating D&O Fiduciary Duties in the Zone of Insolvency
July 23rd, 2019 - Posted in BA Blog
Significant risk could ensue when directors and officers are struggling to keep their business alive even though the chances of survival are slim. Keeping a company going when it is clearly beyond recovery or prolonging a financially distressed corporation’s life and reducing its liquidation value may cause personal liability for the directors and officers. (more…)
