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RESEARCH & BRIEFINGS

Understanding Mining Directors’ and Officers’ Personal Liability Exposures

 


An increase in regulatory duties and closer investor scrutiny, particularly at a time of industry uncertainty and strategic change, increases the threat of legal action against directors. Personal liability is unlimited and assets are at risk if litigation is successful.

In our latest Adviser we examine some of the potential liability exposures and triggers for mining directors, understand where indemnification provisions - contained within contracts of employment - may leave protection gaps, and explain the enhanced coverage that a director and officer (D&O) liability policy may offer.