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Consider this scenario: a company's CEO tells his board that he has received a compelling offer for the sale of the company.

Is the Dodd-Frank Act (Dodd-Frank), signed into law on July 21, 2010, potentially a game-changer when it comes to the exposure of officers and directors of public companies to litigation? Yes. And unfortunately for directors and officers and the companies they serve, the scope of insurance coverage afforded by director and officer (D&O) liability insurance policies can be problematic.

A recent study, conducted by researchers from UC Irvine and Arizona State University, concludes that Southern California is long overdue for a major earthquake along the San Andreas Fault.

Has the Securities and Exchange Commission implemented a new risk oversight disclosure rule that might potentially be a bonanza for the plaintiff's bar?

There is a growing, organized effort on various fronts to get every public company to voluntarily disclose information about its "carbon footprint" and about the other ways in which climate change may affect its business in the future.

Given the increasingly global nature of business, many US public and private companies find it advantageous to incorporate subsidiaries in jurisdictions outside of the United States.

Directors and officers of corporations face the risk of personal liability for actions performed and decisions made on behalf of the corporation.

"The Initial Public Offering" is an annual guide for Executives and Boards of Directors, published by Wilson Sonsini Goodrich & Rosati.

"Don't ask, don't tell" is not a winning strategy when it comes to compliance with the Foreign Corrupt Practices Act (FCPA).

Directors and Officers of private companies potentially face unlimited personal liability if they are sued.

When it comes to compliance with the Foreign Corrupt Practices Act (FCPA), multinational companies that adopt a "don't ask, don't tell" policy may come to regret their hands-off approach.

So far the credit debacle and backdating cases haven't had an immediate impact on the price of Directors & Officers (D&O) liability insurance.