Liability of Directors for Breach of Duty and the Scope of Indemnification and Insurance
Company and Securities Law Journal, Vol. 5, No. 3, 1987
28 Pages Posted: 4 Oct 2007 Last revised: 19 Feb 2011
Abstract
An important issue for company directors is to what extent (1) they may insure themselves (or to what extent their company may insure them) against liability for breach of the various duties they owe to the company; and (2) they may be indemnified by the company for breaches of duty. This article compares and contrasts US and Australian approaches to this issue, examining both the law and policy.
Suggested Citation: Suggested Citation
Ramsay, Ian, Liability of Directors for Breach of Duty and the Scope of Indemnification and Insurance. Company and Securities Law Journal, Vol. 5, No. 3, 1987, Available at SSRN: https://ssrn.com/abstract=1019203
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