One of the most closely watched issues in the world of D&O is the extent to which cybersecurity-related issues will lead to liability for corporate directors and officers. In the following guest post, Tarun Krishnakumar, a New Delhi attorney qualified in India and California specializing on issues relating to emerging technology , takes a look at the corporate liability framework under Indian laws with respect to emerging cybersecurity exposures. I would like to thank Tarun for allowing me to publish his article as a guest post on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Tarun’s article.
Continue Reading Guest Post: Cybersecurity and D&O Liability: Emerging Concerns under Indian Law

It is now well known and understood that cybersecurity is a board level issue. This generalization is true not just for companies in the United States but for all companies around the world. In the following guest post, Joel Pridmore, Asia Pacific Underwriting Manager, Specialty, Corporate Insurance Partner, Munich Re Group, Saket Modi, CEO of Lucideus Technologies Pvt Ltd, and Richa Shukla, Partner, Khaitan Legal Associates take a look at this issue, with a particular focus on concerns for Indian companies. I would like to thank the authors for allowing me to publish their article as a guest post. I welcome guest post submissions from responsible authors on topics of interest to this site’s readers. Please contact me directly if you would like to submit a guest post. Here is the authors’ guest post.
Continue Reading Guest Post: Cyber Risk: A Board Level View

Richa Shukla
Nilam Sharma
Joel Pridmore
Joel Pridmore

As readers of this blog know well, liability claims against corporate directors and officers is an increasingly global phenomenon. A number of different factors are contributing to the globalization of D&O liability, including legislative changes, changes in regulatory enforcement activity, and the rise of litigation financing. In the following guest post, Richa Shukla of Khaitan Legal Associates, Nilam Sharma of Nilam Sharma Ltd., and Joel Pridmore from Munich Re, Australia, examine the changing environment for D&O liability in India. I would like to thank Richa, Nilam, and Joel for allowing me to publish their article on this site. I welcome guest post submissions from responsible authors on topics of interest to this blog’s readers. Please contact me directly if you would like to submit a guest post. Here is Richa, Nilam, and Joel’s guest post.
Continue Reading Guest Post: A Focus on Directors’ and Officers’ Risks in India

 

burzinThe recent Satyam scandal and ensuing litigation put the duties of independent directors under scrutiny.  The recently enacted Companies Act of 2013 addressed a number of issues relating to the duties and liabilities of independent directors.  In the following guest post, Burzin Somandy of Somandy & Associates in Mumbai takes a look at the approach