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- Title
Discipline Involving Multiple Disciplines--Protecting Innocent Executives in the Age of "Cooperation".
- Authors
Wing, James D.; Oringer, Andrew L.
- Abstract
In 2008-2009, the global financial system had a near-death experience, and the legal consequences still reverberate. New business, financial, regulatory, and cybersecurity risks abound. Legal risks have become increasingly criminalized, with investigations and prosecutions today directed at corporate directors and officers individually, as companies under investigation choose to "cooperate" with law enforcement. While this "cooperation revolution" already has significantly affected the practice of white-collar criminal defense, its impact is only beginning to achieve general visibility inside three of the other most-affected areas of legal practice: corporate law, insurance law, and civil litigation. These different and largely separate areas must be coordinated if the protection of directors and officers is to be put on sound footing. This article lays out the issues and suggests ways forward in light of developments in the insurance markets.
- Subjects
LEGAL status of executives; COMMERCIAL law; CYBERTERRORISM; LEGAL status of corporate directors; CRIMINAL defense
- Publication
Business Lawyer, 2015, Vol 70, Issue 4, p1123
- ISSN
0007-6899
- Publication type
Article