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62314.02Taking on the role of a director on a board can be a fulfilling experience but it comes with many responsibilities. Before taking on this responsibility, potential directors should ensure that they: (1) are aligned to the organization’s goals, (2) are prepared to spend the time required on the duties, and (3) have done their due diligence about organizational risk. This paper provides a helpful framework for Alberta lawyers who are interested in serving on a board of directors. This paper is part of a collection presented at LESA’s Directors and Officers: Duties, Liabilities, Coverages program in Edmonton on January 26, 2023.
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62314.01Directors and officers should be mindful of potential liability under regulatory statutes. For example, directors can be personally responsible for debts or other financial obligations of an entity and directors and officers of regulated entity may be responsible for contraventions of a regulatory statute. This paper explores these potential liabilities and invites readers to consider how to protect themselves if they act as a director or officer. This paper is part of a collection presented at LESA’s Directors and Officers: Duties, Liabilities, Coverages program in Edmonton on January 26, 2023.
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62314.04Attempting to pierce the corporate veil can be risky. This paper explores the history of piercing the corporate veil and some key considerations that lawyers should keep in mind when they contemplate doing so. This paper is part of a collection presented at LESA’s Directors and Officers: Duties, Liabilities, Coverages program in Edmonton on January 26, 2023.
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OC-62314-01Directors and officers should be mindful of potential liability under regulatory statutes. This on-demand program discusses the essential aspects of regulatory liability and how it differs from other types of liability, such as civil liability. This program further explains how directors and officers may be subject to regulatory liability and provides practical tips for managing the risk of regulatory liability. This on-demand program was originally presented as an in-person program on January 26, 2023 as part of our Directors and Officers: Duties, Liabilities, Coverages program. Total running time is 54 minutes.
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OC-62314-05D&O liability insurance can play an important role in protecting a corporation’s directors and officers from personal financial loss. This on-demand program discusses key elements of D&O insurance coverage. This on-demand program was originally presented as an in-person program on January 26, 2023 as part of our Directors and Officers: Duties, Liabilities, Coverages program. Total running time is 1 hour, 5 minutes.
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OC-62314-04Attempting to pierce the corporate veil can be risky. This on-demand program explores the history of piercing the corporate veil along with some key considerations. This on-demand program was originally presented as an in-person program on January 26, 2023 as part of our Directors and Officers: Duties, Liabilities, Coverages program. Total running time is 37 minutes.
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OC-62314-03A corporation’s directors typically don’t plan for insolvency until it’s too late, such that they seek advice from lawyers or a Licensed Insolvency Trustee well after any problems arise. By then it may be too late to take steps to minimize the damage to the corporation and to the directors themselves. From the perspective of a Licensed Insolvency Trustee to directors, this on-demand program explores directors’ responsibilities before, during, and after a corporate insolvency filing. This on-demand program was originally presented as an in-person program on January 26, 2023 as part of our Directors and Officers: Duties, Liabilities, Coverages program. Total running time is 51 minutes.
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OC-62314-02Taking on the role of a director on a board can be a fulfilling experience but it comes with many responsibilities. This on-demand program discusses essential considerations for individuals who are interested in serving on a board of directors or Alberta lawyers who are advising clients who are interested in serving on a board of directors. This on-demand program was originally presented as an in-person program on January 26, 2023 as part of our Directors and Officers: Duties, Liabilities, Coverages program. Total running time is 1 hour, 11 minutes.
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OC-61979-06In this presentation, Ira Cooper discusses how to draft a corporate opinion. This on-demand program was originally presented as an in-person program in December 2015.
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OC-61979-05In this presentation, John McClure explores how to treat dividends in corporate drafting. This on-demand program was originally presented as an in-person program in December 2015.
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OC-61979-04In this presentation, Maria Nathanail discusses issues to consider when drafting bylaws. This on-demand program was originally presented as an in-person program in December 2015.
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OC-61979-03In this presentation, Darryl Antel leads a discussion on understanding the law and reasons behind drafting. This on-demand program was originally presented as an in-person program in December 2015.
