Securities
Dec. 4, 2009
New Costs of Doing Business Abroad
Jonathan Drimmer and Christian Jordan of Steptoe & Johnson tackle the issue of insuring against FCPA liability for directors and officers.
By Jonathan Drimmer and Christian Jordan
The dramatic recent enforcement efforts of the U.S. Dept. of Justice and the Securities and Exchange Commission against corporate directors and officers under the Foreign Corrupt Practices Act have rippled through to the insurance industry. The effect is perhaps being felt most strongly by insurers issuing Director and Officer (D&O) and excess coverage policies, and the companies that obtain them. As a result of this new area o...For only $95 a month (the price of 2 article purchases)
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