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BJU Substantive Series: Directors' and Officers' Indemnification and Insurance

April 19, 2012

The financial crisis, coupled with increased scrutiny of corporate governance generally, has increased personal liability risk for directors and officers.

Please join our experienced panel:

Barry Reiter, Partner and Chair, Corporate Governance and Director Protection Group
Eric Hoaken, Partner and Co-Chair, Class Action Litigation Group
David Price, Former Chief Underwriting Officer, Everest Insurance Company
Jordan Solway, General Counsel & Senior Vice-President, Claims Munich Canada

for this two part BJU substantive series course.

Part 1: Introductory Course

The introductory course will deal with the basics of director protection including:

  • Statutory, by-law and contractual indemnification;
  • An outline of how D&O insurance works;
  • Key terms in D&O insurance policies;
  • Basic business decisions to be made in insurance procurement;
  • How to address conflicts that arise in D&O insurance; and
  • The lawyer's role in D&O programs.

Part 2: Advanced Course

The advanced course will deal with difficult issues that we have addressed in the course of our work with D&O insurance, including:

  • Designing the procurement process;
  • Control of the insurance program;
  • Severability;
  • Priority of payment;
  • Claims triggers;
  • When does coverage begin;
  • How are insurance claims handled;
  • Conflicts and counsel;
  • Program design, including cost, comprehensiveness, layering and separate coverages;
  • Impact of bankruptcy; and
  • Protection of retiring directors.

WebEx Webinar

This event is also being offered as a WebEx webinar.

Date: Thursday, April 19, 2012
Registration/Buffet Breakfast: 8:00 a.m. - 8:15 a.m.
Part 1: Introductory Course: 8:15 a.m. - 9:15 a.m.
Break: 9:15 a.m. - 9:30 a.m.
Part 2: Advanced Course: 9:30 a.m. - 10:30 a.m.
Location: Bennett Jones' Toronto Office, 100 King Street West, 34th Floor, Toronto, ON M5X 1A4


 
 Law Society of Upper Canada CPD Accreditation

CPD Credit Information

Total CPD: 1.0 credit hours towards professionalism content + 1.0 credit hours towards substantive content
New Members: 2.0 credit hours


 

For more information on the session or to attend, please contact Regina Goldis at 416.777.6506 or GoldisR@bennettjones.com.

Key Contact

  • Barry J. Reiter Barry J. Reiter, Partner

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