Current business dynamics may set managers against investors when tough decisions are made in challenging or difficult times and are met with loud complaints and hard allegations.

Join our panel of experts as they examine legal principles and strategies that govern when disagreements arise in an adverse economy over asset management decisions and transaction approvals.

Our expert panel will lead a working discussion of these issues and of the business judgment rule in model scenarios driven by current dynamics in the marketplace.

Topics covered in this session will include:

• Definition of the rule and the principle of judicial deference
• Recognized standards of prudence and due diligence under the business judgment rule
• Limits to court deference - dishonesty, conflicts, and lack of due diligence
• Proper use of special committees and external advisers and input from management
• Is there a "gold standard" required for meeting best practices?
• When can a "rogue" director be removed?
• Strategies for anticipating and defeating attacks on executives and board members

This presentation will be available either live in Toronto (followed by a cocktail reception) or via webinar.
Attendance is complimentary, however, registration is required.

To participate in this seminar, please register before November 14, 2011.

This program may be counted for up to 1.5 hours of Substantive credits toward the mandatory CPD requirements of the Law Society of Upper Canada. It will not count for Professionalism or New Member credits. If Professionalism accreditation is not granted, this program will instead count for 1.5 hours of Substantive credits. This program can be counted for up to 1.5 hours toward the mandatory CPD requirement of the Law Society of British Columbia. Accreditation pending for Quebec.