D&O Fiduciary Duties in the Zone of Insolvency: Impact of Purdue, Avoiding Claims, Maximizing Insurance in Bankruptcy
Foley partner Andrea Cunha is speaking in the upcoming Strafford webinar titled “D&O Fiduciary Duties in the Zone of Insolvency: Impact of Purdue, Avoiding Claims, Maximizing Insurance in Bankruptcy” on October 10.
This panel will provide bankruptcy counsel with updated and current instruction on the fiduciary duties of loyalty, due care, and oversight that directors and officers owe to the corporation and shareholders as a company slides into insolvency and who can enforce those duties if the company files bankruptcy. The presentation will analyze the impact of bankruptcy and insolvency on existing D&O insurance coverage, discuss the anticipated tightening of D&O coverage after SCOTUS decisions, and offer strategies both to avoid and to defend breach of fiduciary duty lawsuits.