This session focused on the key issues on which your board of directors and its standing committees should focus in the wake of unprecedented financial markets, dramatic stock price drops and credit illiquidity. This web conference addressed directors’ duties while in the zone of insolvency as well as corporate governance concerns in Chapter 11 bankruptcies. The speakers provided general background on these important issues as well as updates on recent developments in the case law and reports from their own experiences.
The panel was moderated by Foley Partners Michael P. Richman and Judy A. O’Neill and included panelists: Jeffrey M. Risius, Managing Director, Stout Risius Ross, Inc., Jamie Leader, Associate, Eversheds LLP, and J. Scott Victor, Senior Managing Director, National City Investments, Inc.