Indemnitor's Remorse: Avoiding Indemnification & Advancement Problems
PDFProfessionals
Practice Areas
Grand Bohemian
11 Boston Way
Asheville, NC 28803
Oct. 4, 2019
8:45-9:30 a.m.
Companies indemnify and advance expenses to officers, directors and LLC members and managers to protect company representatives and recruit talent. Most of the time, this works well — but what happens when things go wrong? Adam Doerr's presentation highlighted the unintended consequences of indemnification and advancement for transactions, breaches of fiduciary duty, and mismanagement or fraud.