Client Briefing on Corporate Governance Requirements and Potential Board Exposures During Economic Uncertainty
In today’s climate of economic uncertainty, it is essential for boards of directors to adhere to strong corporate governance best practices. Sound governance frameworks help ensure legal compliance, reduce the risk of stakeholder claims and liability for directors and officers, build stakeholder trust, and support the company’s long-term resilience and success.
In our latest Client Alert, Morrison Cohen Partner Joseph T. Moldovan, chair of the Bankruptcy, Restructuring & Governance Practice, and Corporate and Corporate Governance Partner Jack Levy provide a framework to help Boards understand their duties, identify to whom those duties are owed, and navigate companies through periods of distress while fulfilling their responsibilities.
Topics include:
- Why Governance Matters Now
- Core Fiduciary Duties Under Applicable Law
- Risks of Inadequate Governance Protocols
- Board Priorities and Best Practices
- The Role of Legal Counsel
- Employee-Related Exposures
Our Governance team is available to assist clients with reviewing governance protocols or advise on specific concerns.
Read more in the Client Alert below.
Contacts
- Joseph T. Moldovan Partner & Chair, Bankruptcy, Restructuring & Governance
- jmoldovan@morrisoncohen.com
- Jack Levy Partner
- jlevy@morrisoncohen.com
Related Practices
Our Bankruptcy, Restructuring & Governance Practice employs a multidisciplinary approach to distressed situations with a focus on proactive, creative, commercial and value-added effective solutions and strategies.
Clients rely on our corporate lawyers' business judgment, legal advice, market knowledge and analytical skills to identify legal and business issues and solve problems.
Our Corporate Governance lawyers advise public and private companies, private investment funds and partnerships on all aspects of corporate governance best practices, as well as compliance with federal and state laws and regulations and stock exchange requirements.
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Our Digital Assets Group represents some of the largest and most significant names in the sector, drawing upon our depth of experience and comprehensive understanding of cryptocurrency, DeFi, DAOs and NFTs.
Our multidisciplinary Financial Services & Fintech team approaches every matter as dealmakers, trusted advisors and problem solvers.
Our dedicated hospitality team takes a multidisciplinary approach to helping clients run, grow and protect their businesses and brands.
Morrison Cohen provides a wide range of legal services designed to protect industrial and manufacturing companies, their strategic position, products, customers and brands.
We understand the challenges and opportunities facing the luxury goods market and work to build and protect our clients’ global brands.
We have built a strong foundation advising real estate owners and developers on the leasing, purchase, sale, development and financing of property in New York and throughout the United States.
We advise retail and consumer products clients on their full business lifecycle – from establishing new entities to protecting the value and trade secrets of their products to advising on mergers, acquisitions and exit strategies.
Morrison Cohen represents some of the most established names in technology today along with many innovative technology drivers changing the landscape.
