No business is immune from economic disruption. And when disaster strikes, directors can find themselves at risk – personally – unless they have taken steps to protect themselves. The following best practices and tips can go a long way to protecting directors, especially if adopted well before a business falters. The first step to protecting yourself is knowing where potential dangers lie.

"Practical Tips for Protecting Directors from Personal Liability" was originally published in the CCCA 2009 National Spring Conference Brochure.

Reproduced with permission.

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