Description

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There are key differences between domestic and international liability. In non-U.S. jurisdictions, factors such as the absence of juries in international civil cases and the inability to pursue punitive damages and contingency fees creates the need for lawyers to adopt a different dynamic and strategy. Class actions come with a different set of guidelines. And from a corporate governance perspective, there are a completely different set of distinctions between D&O liability and insurance for U.S. corporations and liability and insurance for non-U.S. corporations. This book is intended to provide an overview of the directors and officers landscape within and outside of the United States, with particular emphasis on those jurisdictions where the majority of business interests are non-US based. Country-specific articles that address the particular areas of D&O law are included to provide the reader with detailed information. Topics include: - Statutory and Regulatory Framework - Indemnification - Regulatory Proceedings - Shareholder Representative Actions - Insolvencies, Arbitration, and ADR - Insurance Issues The book is structured in a way that readers can quickly and effectively determine the similarities/differences in D&O liability and insurance law among those jurisdictions that affect their businesses or practices. Authors from 26 countries define the specifics germane to their respective locations.