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Business Liability Insurance Answer Book (2017 Edition)

Author(s): Betsy P. Collins, Burr & Forman LLP
Practice Area: Business liability insurance, Corporate law, Insurance, Insurance products, Liability insurance, Regulation and compliance (Corporate law)
Date: Nov 2016 i Other versions can be found in the Related Items tab.
ISBN: 9781402426278
PLI Item #: 170728

Being held personally liable for a business-related decision is the nightmare of every company manager, officer and director. Business Liability Insurance Answer Book provides a concise roadmap to the kinds of issues being litigated, and the types of liability insurance available to protect against suit and cover losses in the event of a successful recovery.

This book examines the claims that pose the greatest risk of liability for directors and officers, such as:

  • derivative actions for breaches of a director’s or officer’s duty of care or loyalty to the corporation;
  • securities fraud shareholder class action lawsuits;
  • ERISA class actions;
  • regula­tory investigations and enforcement actions; and
  • DOJ investiga­tions and indictments.
Written in a clear and direct question-and-answer format, Business Liability Insurance Answer Book will be of interest to lawyers and other legal professionals, as well as the corporate managers, officers, directors and other employees whose liability this type of insurance protects against.

Betsy P. Collins is currently In-House General Counsel of Aaron Oil Company, Inc. and formerly a partner with Burr & Forman LLP where she practiced in the firm’s commercial litigation group. Over the course of her thirty-two-year career, Ms. Collins’ practice has included class action litigation, complex commercial and business litigation as well as securities litigation with an emphasis on responsibilities of direc-tors and officers including related insurance coverage issues. Ms. Collins has represented companies, officers and directors in shareholder liti-gation and derivative litigation matters arising from financial report-ing irregularities, stock option backdating, and M&A. In addition, Ms. Collins had a wide-ranging insurance litigation practice that has included cases involving securities products of life insurance com-panies and other insurance-related securities, unfair competition and non-compete agreements, as well as all manner of consumer class actions.