Are you covered? COVID-19 and directors' insurance & liability risks | Practical Law

Are you covered? COVID-19 and directors' insurance & liability risks | Practical Law

The outbreak of the 2019 novel coronavirus disease (COVID-19) has already had a significant impact on a number of companies and broader industries worldwide. Company directors will need to ensure that they are adequately prepared in monitoring and responding to the changing public health situation over the coming months, or may face legal risks if they are not responding appropriately. This article considers the steps that directors should take regarding business continuity and directors' and officers' insurance.

Are you covered? COVID-19 and directors' insurance & liability risks

by Kemsley Brennan, Partner and James Stanton, Senior Associate, Minter Ellison
Published on 16 Apr 2020Australia
The outbreak of the 2019 novel coronavirus disease (COVID-19) has already had a significant impact on a number of companies and broader industries worldwide. Company directors will need to ensure that they are adequately prepared in monitoring and responding to the changing public health situation over the coming months, or may face legal risks if they are not responding appropriately. This article considers the steps that directors should take regarding business continuity and directors' and officers' insurance.