(ON DEMAND) Director Series: Director & Officer Liability: Rules, Risks & Trends

Email to Order the Recording + Free Digital Download

Serving on the board or senior management team of a community financial institution has always been viewed as a privilege by most in the industry.  Unfortunately, with the Great Recession and the accompanying onslaught of suits and orders against directors and officers, many individuals have been left with a bad taste in their mouths. Personal liability is simply something no one wants to face head on in this environment.  This webinar will address the real job of directors and officers and how they can do that job well, despite the associated risks.  This program will provide an overview of regulations related to director and officer liability, the sources of primary risk, and the role of insurance in protecting against liability.  Ensure directors and officers are equipped to mitigate risks by attending this webinar.

HIGHLIGHTS
Directors’ and officers’ real jobs
Evaluating sources of liability and legal duties of care and liability
Gauging regulatory expectations for directors and officers
Understanding the current regulatory environment for compliance and risk management
Dealing with regulatory enforcement actions
Meeting stakeholder expectations
Strategies for mitigating risk
Compensating directors and officers for risk and potential liability

TAKE-AWAY TOOLKIT
Directors’ and officers’ liability considerations
Ten commandments for community financial institutions’ directors and officers
Employee training log
Quiz you can administer to measure staff learning and a separate answer key

Attendance verification for CE credits provided upon request.

WHO SHOULD ATTEND? Community bank directors.

ABOUT THE PRESENTER – Jeffrey C. Gerrish, Gerrish McCreary Smith, Consultants & Attorneys, is Chairman of the Board and a member of the Memphis-based law firm.  The two firms have assisted over 1,500 financial institutions in all 50 states.  Jeff’s consulting and legal practice places special emphasis on strategic planning; community bank mergers and acquisitions; dealing with the regulators, particularly as related to enforcement actions; bank holding company formations; acquisition and ownership planning for directors; stock repurchase plans; regulatory and compliance issues, including fair lending, unfair and deceptive and abusive practices; capital raising; securities law; ESOPs; and other matters of importance to community financial institutions.