D & O liability in cross-border M & A; As markets open to foreign capital, a new strain of international shareholder litigation is developing with potentially far-reaching effects on a company's directors and officers. Here's how to protect them.

Financial ExecutiveVol. 24 Nbr. 8, October 2008

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BOARDS OF DIRECTORS - Directors and officers - Mergers and acquisitions

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D & O liability in cross-border M & A; As markets open to foreign capital, a new strain of international shareholder litigation is developing with potentially far-reaching effects on a company's directors and officers. Here's how to protect them.

Globalization has fueled the drive for businesses to seek global synergies and value. This trend is continuing largely unabated, despite currency fluctuations, commodity shortages and geopolitical tensions.

In fact, the hyper-competitive nature of today's economic climate may only serve to provide further incentive for strategic mergers and acquisitions worldwide.

These transactions present challenges for companies attempting to provide insurance coverage for their senior managers and board members in markets where securities...

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