The roles of boards of directors, board committees, individual directors and executive officers have always been challenging. Congress, the Securities and Exchange Commission, and the stock exchanges have expanded materially the responsibilities of directors and executive officers of public companies and imposed upon them significant potential liabilities. In our role as counsel to numerous public and private companies, our lawyers have gained extensive experience in advising boards of directors, board committees and executive officers as they perform their duties in all types of situations, both extraordinary and routine. These attorneys are thoroughly versed in traditional corporate fiduciary standards as well as in the extensive and ever-changing body of legislation, regulation and listing standards that both define and shape the responsibilities of directors and officers of public companies.
The ESOP team advises boards and committee members of ESOP companies on matters unique to ESOP companies such as executive compensation, control issues, and fiduciary issues.