While directors are generally excluded from being held personally liable for the actions they carry out in the course of managing their companies—provided they act reasonably within the scope of their granted authority—there are, however, certain circumstances whereby their actions can incur civil and criminal liability. To discuss these issues, David Lawrence, a consultant in Tilleke & Gibbins’ dispute resolution and litigation group, will be making a presentation at the AMCHAM Thailand event, “Joint SME & Legal Committees: Director and Officer Liability in Thailand.” Among other things, he will focus on the instances where personal liability can attach to directors; how to proactively mitigate the risk of personal liability; and how to recognize and manage situations where personal liability is likely to be used as a tool to gain an advantage over a director or company.
AMCHAM Thailand provides a point of exchange and coordination of efforts to improve business conditions and opportunities for American and American affiliated organizations. David will make his presentation at the Rembrandt Hotel on March 12 at 12 noon. If you would like to learn more, please visit the AMCHAM website.