D&O and E&O Liability
SVR provided the defence of claims for $300M against directors and officers of a failed oil and natural gas service and supply company. Defence involved Canadian and US bankruptcy proceedings, multi-Provincial securities commissions proceedings, US Securities and Exchange Commission proceedings and multijurisdictional class action proceedings.
Individuals serving on boards of directors of public corporations, private companies and non-profit organizations may be held accountable for the actions of the businesses they oversee. Directors’ and officers’ liability insurance offers coverage to directors and officers to protect them from becoming personally liable for claims which may arise from the decisions and actions taken within the scope of their regular duties.
Professional errors and omissions (E&O) liability insurance is a unique form of insurance. It is designed to protect professionals from their liability exposures at work. Errors and omissions policies cover a variety of professionals including: accountants, engineers, architects, dentists, chiropractors, and mortgage brokers.
Our lawyers have extensive experience in handling both D&O and E&O liability claims.
At SVR, our team has experience defending these issues for both local and national corporations.
D & O and E & O Liability Practice Team