OFFICER & DIRECTOR LIABILITY ISSUES

The lawyers of TWG know that liability can exist for officers and directors, whether or not they intend to cause financial harm to a corporation, take actions on their own behalf that work to the detriment of the corporation, or even commit a crime or wrongful act. Although not all acts may subject an officer or director to personal liability, TWG is skilled in protecting individuals from such acts which might otherwise subject them to liability, using both corporate indemnification and when appropriate, suggesting errors and omissions insurance.

The lawyers of TWG understand the importance of indemnity of an officer’s and director’s liability for their:

• Duty of care to the corporation
• Duty of loyalty to the corporation
• The Misappropriation of corporate assets
• The Commingling of personal and business assets
• The Failure to disclose potential or actual conflicts of interest