We assist in cases of directors’ and officers’ (D&O) liability, including in relation to financial institutions. Our consultancy covers preventive advice to management on the handling of specific matters and all aspects of management liability cases. This includes questions relating to the basis for liability, causal connection and loss calculation.
Cases of management liability are often won on a correct understanding of the corporation’s financial and operating conditions, and we apply our substantial experience to a thorough analysis of this important element.
We handle contact with other parties in these complex cases, including (if applicable) a liquidator, participating advisors and authorities.
We have substantial knowledge of issues related to D&O liability insurance and advise on the filing of claims, wording of the policy and terms, measures to take in case of change of insurance, purchase of extended reporting periods, etc.
We are familiar with the special circumstances and case law relating to legal practitioners acting as members of boards of directors, including liability standards and insurance issues.
Lotte Noer, a partner in the firm, teaches courses on D&O liability at JUC (www.juc.dk).