Legal Memorandum: Directors' Liability for Due Care

Issue: What legal resources provide information on the ways in which officers and directors can avoid liability for a breach of their duty of due care?

• Protecting Corporate Directors and Officers from Liability (Jesse A. Finkelstein et al. eds., 1989).

• William E. Knepper & Dan A. Bailey, Liability of Corporate Officers and Directors (4th ed. 1988).

• Daniel L. Kurtz, Board Liability: Guide for Nonprofit Directors (1988).

• Mark A. Sargent, D & O Liability Handbook: Law—Sample Documents—Forms (1990-91 ed.).

• Russell K. Bean, Corporate Director Liability, 65 Denver U. L. Rev. 59 (1988).

• Douglas M. Branson, Intracorporate Process and the Avoidance of Director Liability, 24 Wake Forest L. Rev. 97 (1989).

• William F. Campbell, Kirsten L. Thompson & Eric L. Lawrence, Professional, Officers’ and Directors’ Liability Law: Recent Developments, 27 Tort & Ins. L.J. 387 (1992).

• Deborah A. DeMott, Limiting Directors’ Liability, 66 Wash. U. L.Q. 296 (1988).

• Director Roundtable:  The D & O Crisis and Board Liability, Directors & Boards, Summer 1986, at 8 (includes comments from twelve directors).

• Lester B. Korn & Richard M. Ferry, Last Word: Why Would Anyone Be a Director? (America’s Liability Explosion: Defusing the Bomb), Directors & Boards, Spring 1986, at 24.

• Larry D. Soderquist, The Proper Standard for Directors’ Negligence Liability, 41 Def. L.J. 127 (1992).

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