September 11, 2001 Terrorist Attacks: Duties of Corporate Directors and Officers in the Preparation and Execution of Disaster Avoidance and Recovery

What are the obligations of corporate directors and officers in evaluating whether companies they serve have reasonable disaster preparedness and recovery plans in place? What are the tasks that need to be undertaken in avoiding catastrophic situations, including property damage, employee injury and death; and what type of plans should be put in place to minimize business interruptions and compensate injured employees and families of employees killed in the line of work?  What liabilities do corporate directors and officers face in failing to live up to their obligations and what insurance is available to protect directors and officers from liability?

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The Tort Trial & Insurance Practice Section (TIPS) of the American Bar Association is the home for emerging issues and technologies in tort, trial and insurance law. A membership in TIPS offers you tools that will improve your trial skills, increase your knowledge of the insurance industry, and keep you relevant on state and national issues.

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