How do D&O claims arise?

The following may be grounds for a D&O claim

  • Inadequate financial controls
  • Failure to attend board meetings – wrong decisions being made in the absence of the director’s input
  • Directors or officers acting beyond the scope of their authority
  • Recklessly continuing to trade when the company is insolvent
  • Failure to exercise due diligence in an acquisition or merger
  • Breach of confidentiality
Directors and Officers Liability