Weil’s Paul Ferrillo has published an interesting article (“Dodd-Frank & Corporate Investigations: Should D&O Insurance Cover The Cost?”) with PropertyCasualty360.com that views directors and officers liability insurance from the context of Dodd-Frank. Ferrillo asks timely questions: Should complex internal investigations, such as those concerning whistleblower allegations, be covered under a company’s preexisting directors and officers liability insurance coverage? Why is such a consideration important?
U.S. Treasury Department
On July 21, 2010, President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank” or “the Act”), which was passed in direct response to the global financial crisis. Just one year later, that Act – representing the most comprehensive package of reforms since the Great Depression – has already begun altering the regulatory landscape for banks, investment funds, securities firms, and publicly listed companies outside the financial sector. But the most significant changes are yet to come. [click to continue…]