This 26-page Executive Report written for business executives and corporate board members examines the sometimes harsh, always sobering reality behind personal liability. From understanding how cases arise and planning consequent strategy to taking the right steps, employing proactive measures and understanding key threats, the report brings to light the true nature of the threat of personal liability in today's business world. Outlined, as well, are sound and adaptable measures to minimize exposure and best position a corporation for sound practices.

Some areas explored include:

• the importance of communicating with employees
• why to be careful about checklists
• how to make sound decisions about sign-offs
• significant recent situations that have changed the personal v. corporate liability landscape

This report outlines the important strategies and best mindset for understanding and approaching corporate liability issues, and how to do so effectively.

This Executive Report is written by:

• David J. Berger, Chair, M&A Litigation Department, Wilson Sonsini Goodrich & Rosati LLP - Understanding and Facing Corporate Liability Issues
• M. Ridgway Barker, Co-Chair, Corporate Finance and Securities, Kelley Drye & Warren LLP - Reducing Personal Liability: What to Know & What to Do
• Randy Eaddy & Neal Falis, Partners, Kilpatrick Stockton LLP - The ABCs of Sound Corporate Governance
• Benjamin F. Stephens, Partner, Stoel Rives LLP - Governance Begins with Understanding Employees
• Kevin T. Abikoff, Partner & Member, Executive Committee; Co-Chair, Securities Litigation Group, Hughes Hubbard & Reed LLP - Preventing Personal Liability on the Front End

About Executive Reports:

Executive Reports offer focused, hard-hitting advice from the leaders of some of America's top companies, packaged in a concise, readable format. Each research report provides readers with 3 to 5 strategies that will have a direct financial impact on their business. While not meant as a comprehensive guide, each report includes quick-hit items that can immediately impact specific business strategies. Executive authors drill down to the central issues surrounding each topic area and dispense expert advice in concise, direct language. Executive Reports feature leading professionals selected by the Aspatore Editorial Board based on their experience, research, and standing within the professional community.

See Above.