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"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.

When it comes to indemnification agreements for in-house counsel, an interesting question arises given the ethical duties of attorneys.

The attached report gives a comprehensive overview of pandemic influenza, and the effects it could have on the workforce and a company's bottom line.

Could abuses of 10b5-1 trading plans become the next corporate governance scandal?

The large out-of-pocket payments made by independent directors of publicly traded firms are enough to make any board member nervous, not to mention their insurance brokers.

The second anniversary of the historic out-of-pocket payments by the independent directors of WorldCom and Enron is a good time to re-examine conventional wisdom.

On Friday, December 16, 2005, House and Senate negotiators completed a deal to extend the Terrorism Risk Insurance Act (TRIA) through 2007. TRIA, passed by Congress in November 2002, created a three-year program in which the federal government would share in the cost of a foreign terrorist attack that produced at least $5 million in insured losses, was deemed a "certified act" by certain government officials, and met certain other requirements.

The director and officer liability insurance industry was as surprised as everyone else by the recent options backdating scandal. D&O carriers had never previously considered improper option accounting, and therefore few, if any, D&O policies contained explicit provisions addressing options backdating.