Step-by-Step Guide to Assessing Director and Officer Liability Insurance Requirements and Implementing an Action Plan

January 30, 2014 10:45am

Patrice Walch-Watson
Partner
Torys LLP

  • Determining special considerations for directors of Crown corporations: what insurance is required, if any?
  • Detailed analysis of the Crown’s position on D&O insurance and the implications of non-compliance with this mandate
  • Assessing whether to adopt rules limiting the external activities a board member:
    • What are the implications
    • Weighing the effect of choosing various forms of prohibition