Foley & Lardner LLP Partner Louis Lehot’s comments from a recent National Association of Corporate Directors webinar titled “Implications of the SVB Collapse for All Board Members,” are highlighted in Fortune’s The Modern Board newsletter.
The webinar provided board members an opportunity to reflect on both the clear and the less obvious governance and risk issues surrounding the recent banking failures and learn lessons which can be applied to every board, regardless of industry.
“It has become part and parcel of being a public company director that you will likely, at some point in the lifecycle of a company, get sued,” Lehot commented.
