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Shielding Directors & Officers from Liability with Indemnification

Shielding Directors & Officers from Liability with Indemnification

Author: Charles A. YuenDate: July 11, 2016

In addition to the ever-growing rise in business litigation, regulatory enforcement is also increasingly focused on individual accountability. These trends have put directors and officers in the crosshairs when it comes to legal liability.

A successful business lawsuit can be devastating for the directors and officers of a small business, particularly if the company does not have the proper insurance in place. Even defending meritless business litigation can be extremely expensive - this is where indemnification agreements come into play.

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