Directors & Officers Liability

The legislature has passed numerous laws and tightened various standards and requirements, making the directors and officers of companies of all sizes more accountable to the company, its shareholders, its creditors, and third parties. Their decisions are closely scrutinized and vetted using the test set out in Peoples Department Stores Inc. (Trustee of) v. Wise and BCE Inc. v. 1976 Debentureholders, [2008] 3 SCR 560, 2008 SCC 69 (CanLII).

Given the variety of legislative authorities that impose duties and obligations on directors and officers, the members of the directors and officers liability team at Langlois Lawyers relies on the cumulative expertise of the firm’s many other practice groups to provide advice, strategies and action plans.

The team is ready to help by:

• advising on compliance with your statutory responsibilities;
• representing clients in court in disputes involving fiduciary and statutory responsibility;
• providing advice on the selection of liability insurance coverage or compensation plan;
• assisting in the context of investigations by various regulatory bodies.

We represent company directors and officers, public companies and non-profit organizations, as well as the clients of insurance companies that offer directors and officers insurance.