Risk managers need to prepare for attacks on D&O policies as virus bites

Julia Zhu, associate in the finance practice at Brattle Group

Directors and officers of companies that suffer losses or even bankruptcy as a result of coronavirus are likely to face legal assaults from creditors on the basis of inadequate disclosure of risks and failure to react adequately during the crisis, warned Julia Zhu, associate in the finance practice at Brattle Group. “There may be causes of actions against a company’s…

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