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FORUM: THE PROS AND CONS OF DIRECTOR LIABILITY
November 4th 2005


Transcript of the Symposium Sessions



The Program on Corporate Governance hosted on Nov. 4, 2005 a forum on personal liability for corporate directors. The forum brought together leading practitioners and public officials to discuss whether personal liability is necessary to make directors accountable or, on the contrary, is a counter-productive measure. The participants in the panel, which was moderated by professor Lucian Bebchuk, were:

Joseph Bachelder, Bachelder Law Offices
Roel Campos, U.S. Securities & Exchange Commission
Byron Georgiou, Lerach Coughlin Stoia Geller Rudman & Robbins
Alan Hevesi, New York State Comptroller
William Lerach, Lerach Coughlin Stoia Geller Rudman & Robbins
Robert Mendelsohn, former CEO, Royal Sun Insurance Group
Robert Monks, Lens Governance Advisors
James Morphy, Sullivan & Cromwell
Toby Myerson, Paul, Weiss, Rifkind, Wharton & Garrison
John Olson, Gibson Dunn & Crutcher
Leo Strine, Delaware Court of Chancery
John Wilcox, TIAA-CREF

Click here to watch the video of the panel discussion.

To watch the Webcast, you will need real player, which can be downloaded at: Download Real Player