NU Online News Service, Nov. 24, 11:51 a.m. EST
The Dodd-Frank Act has reopened the door to U.S. regulatory action against some foreign entities after a recent Supreme Court decision had limited the reach of the U.S. legal system, according to experts.
The new reality gives directors and officers one more reason to ensure they have adequate professional liability coverage, the experts said during a webinar sponsored by the London-headquartered insurance broker Willis and the international law firm Proskauer, titled "Emerging Executive Risk Exposures for International Firms; Picking the Deep Pockets."
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