How Do Directors Prepare for the Worst?

Winston & Strawn hosted a seminar titled "How Do Directors Prepare for the Worst?" on Wednesday, January 15, 2014 at 12:00 – 1:30 p.m. (Central). This was the third in Winston's three-part series, Forum for Financial Institution Directors: 2013 Director Education Series.

This unique education series is focused on bringing information of great importance to Directors. The Forum brings together board directors, legal advisors, and regulators to discuss challenges that face directors in this industry, share best practices on regulatory compliance, risk and audit committee priorities, proxy issues, the changing face of director liabilities, avoiding enforcement actions against directors, and directors and officers insurance considerations.

This panel included Jim Smith, chair of the firm’s securities class action defense group. Topics presented in a discussion format included:

• What are trends in securities class action cases and how can Directors address the risks they present?
• When criminal allegations are involved, how should Directors address those cases differently?
• Should Directors and Officers liability insurance discussions be different this year and include the entire board?

The Director Education Series for 2013 includes three 90-minute webinars where speakers share insights, respond to Q&A’s, and provide valuable insight into the board room deliberations at financial institutions. At the conclusion of the series, each participant receives a Certificate of Completion, certifying the Director has participated in Continuing Director Education courses.

Listen to previous webinars in this series: "What Do Regulators Expect from Directors?", held November 22, 2013; and "ISS' Patrick McGurns Joins Us to Discuss 2014 Proxy Season Preparations," held December 16, 2013.

Contact Winston & Strawn for more information about this event.

Clients and friends of the firm are invited to attend seminars and events. We reserve the right to limit attendance at any firm event.

NOTE: CLE credit is not available for listening to our pre-recorded eLunch or webinar briefings.