Fried Frank warns that directors are open to personal liability claims
Directors and officers of UK and European companies face an increasing personal risk of litigation or regulatory action, according to international law firm Fried, Frank, Harris, Shriver & Jacobson.
Fried Frank believes most directors and companies have failed to reassess their D&O liability insurance coverage with a view to the increased risks.Robert Juceam, a partner at Fried Frank, said: “Many
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