 |
Every director, senior company executive
and manager is a potential target for litigation, whether
from shareholders, bankers, creditors, employees, customers,
regulators or liquidators.
Contrary to popular belief ‘limited
liability’ gives protection to shareholders, not
directors. The directors themselves face unlimited personal
liability for wrongful acts committed, or alleged to
have been committed, in executing their duties.
Directors and Officers Insurance provides directors and officers with an indemnity against a wide range of potential legal actions which they can face in the course of carrying out their duties. The policy also protects a company against costs and expenses arising in connection with such actions.
 |
Failure to implement Health &
Safety |
|
Wrongful termination of employment
or discrimination in the work place |
|
Mismanagement or poor financial
performance alleged by shareholders or venture capitalists |
|
Offences under Data Protection
Act, Companies Acts, Insolvency Act and over 300
additional statutes/directives |
|
Action where there is a conflict
of interest |
|
Disputes over merges, acquisitions
and disposals |
|
Compliance issues |
|
Public statements, including allegations
of libel and slander |
|
Acting beyond authority or contrary
to the companies Memorandum and Articles of Association |
|
The disposal of harmful substances
or pollutants |
Click here to get a quote and to buy online
|
|
