Roles and Responsibilities of Directors and Officers in the Restructuring Process

THURSDAY, FEBRUARY 11 2021 12:00 PM - 1:30 PM ET

Restructuring an insolvent company can be a complicated and onerous undertaking for directors. Gain the skills you need to help boards understand their responsibilities and to enhance their likelihood of a successful restructuring.

• What are the obligations of directors and officers before a corporation becomes insolvent?
• Advising directors about their fiduciary duties during an insolvency
• Managing potential exposure and liability risks for directors
• What protections are in place for directors of the corporation? What can you do to insulate them?
• Assessing insurance coverage and gaps
• Understanding the impact of personal guarantees of directors, officers and shareholders

Presenters

Karen Fellows, Partner, Stikeman Elliot LLP
Asim Iqbal, Partner, Miller Thomson LLP
Anthony Tillman, Managing Director, Alvarez & Marsal