The business environment today has changed phenomenally. With a more informed society, company directors and managers are facing more scrutiny with every single decision they make. This has led to numerous lawsuits filed against management boards by shareholders, employees and customers, among other entities.

At Schleifman Law, PLC, we appreciate this precarious situation which is the main reason we have invested in the best legal experts to offer Directors & Officers Liability insurance coverage consultancy in Fairfax, VA. Our legal services are aimed at protecting both the manager’s and the company’s assets in case of any legal claim.

From our extensive experience in the legal industry, we understand the pitfalls directors and managers face in their day-to-day decision making. Our directors’ insurance coverage lawyers will work with you from the moment you sign the contract. We will offer guidance on the risks you face in the industry and help you pick the appropriate insurance coverage.

We offer you financial protection against the consequences of actual or claimed wrongful acts when carrying out your managerial duties. Situations that can instigate a claim range from failure to act as stated under a statute to non-compliance of a business with a specific statute.

Wrongful acts include breach of trust, breach of duty, misleading statements, wrongful trading and wrongful dismissal, among other situations. Other risk scenarios include employment practices, shareholder action, inaccurate disclosure and misrepresentation, among other issues. Our lawyers in Fairfax have prerequisite experience to help you get the best coverage.

To mitigate the apparent risks, insurance companies offer different professional liability insurance policies including:

• Side A coverage: This covers personal liability for company directors and managers as individuals when not indemnified by the business.
• Side B coverage: Our D & O insurance provides coverage for the corporation when it indemnifies the directors and managers.
• Side C coverage: This offers protection for the business against claims arising from trade of its securities and other claims which are not covered by the general commercial liability policy.
• Side D coverage: Provides a sublimit for investigative costs coverage related to a shareholder’s derivative demands.

Contact us for Directors &Officers Liability insurance Legal Advice

Our D&O lawyers offer specialist legal officers insurance advice to enable you pay defense costs and compensate financial losses accruing from the legal claim.

At Schleifman Law, PLC, our main goal is to protect managers and businesses against financial losses. We offer customized insurance legal advice because we understand that every business is unique. The perils involved are thus varied.

Contact us today and let‘s use our expertise in this area to protect your investment.