Corporate Governance and Risk Oversight

Attorneys from Chadbourne’s corporate, litigation and executive compensation practice areas regularly represent corporations, boards of directors and board committees on a wide range of corporate governance and risk oversight matters.

Recent SEC rules requiring enhanced disclosure about risk, compensation and corporate governance matters have increased the focus on the board of directors' role in risk oversight. Our comprehensive team of attorneys is at the forefront of advising companies regarding this important topic. We also frequently counsel public and private organizations on liability, indemnification and insurance issues relating to directors and officers.

Corporate governance is an area of intense focus for public companies, the SEC, shareholder activists, institutional investors, proxy advisory firms and the media. Our attorneys are experts in these areas and regularly advise companies and their boards on related matters, including:

  • Board and committee composition, functions and duties, including preparing or reviewing by-laws, corporate governance guidelines, committee charters and codes of ethics to comply with legal and regulatory requirements and “best practices”
  • Board diversity, board leadership structures, board oversight of risk management, classified boards and majority voting for director elections
  • Reviewing and assessing other governance-related materials, including disclosure controls and procedures, compliance policies and document retention policies
  • Reviewing and assessing anti-takeover protections, including rights plans
  • Compliance with NYSE, Nasdaq and Amex listed company rules, including issues regarding director independence
  • Compliance with the Foreign Corrupt Practices Act
  • Structuring and implementing executive compensation plans and individual arrangements and related Section 162(m), Section 409A and Section 457A issues

Standing and special board committees often seek independent counsel on sensitive transactional and litigation-related matters. We have extensive experience representing these committees in situations ranging from corporate governance and executive compensation matters to the review of going private and other transactions presenting potential conflicts of interest and internal investigations of possible wrongdoing.

Our approach to client service includes advice and counsel provided before litigation arises to reduce the risk of litigation. In the event any of these matters involves litigation, Chadbourne litigators have extensive experience defending clients in such matters as shareholder derivative lawsuits and class actions, and are skilled at coordinating and simplifying the multi-jurisdictional complications of such cases. We draw on the experience of our securities litigation and regulatory enforcement attorneys to counsel clients on structuring and conducting internal corporate investigations, crisis management, responding to SEC inquiries and investigations, compliance audits with respect to Sarbanes-Oxley Act disclosure controls and certification procedures and government voluntary disclosure and amnesty programs. We also defend officers and directors and, critically, advise and litigate when necessary on D&O and other insurance issues.

Related Practice Areas

Capital Markets
Securities Compliance
Executive Compensation and Employee Benefits
Securities Litigation and Regulatory Enforcement
Insurance and Reinsurance

Related Industries

Consumer Products
Food and Beverage
Mining and Metals
Infrastructure, Transportation and P3s
Agency Finance
Pharmaceuticals and Medical Devices

Related Regions

Middle East and North Africa
Latin America
North America

Worldwide Contact

Edward P. Smith
New York
+1 (212) 408-5371

Marc A. Alpert
New York
+1 (212) 408-5491

Local Office Contacts

Related Information