Independent Counsel to Board of Directors
In the increasingly complex regulatory environment, Directors and Officers are seeking the guidance of outside counsel to protect themselves against individual liability associated with the elevated risks involved with board of director responsibilities. In-house corporate counsel often cannot give objective legal advice to Boards of Directors, because of the preexisting relationship with senior management. As a result, more Directors are seeking their own counsel to ensure that their interests are protected.
SOVR Law is able to provide independent advise to Directors and Officers that safeguards against the most common and nuanced risks. Such risks include: improper compliance as related to accounting treatment and disclosure, D&O insurance issues, management obligations, merger and acquisition transactions, restatements of financial statements, independent or government investigations, and compensation issues. SOVR Law advised Directors and Officers before it became commonplace to have independent counsel in the boardroom and we are confident that our extensive knowledge in federal and state securities laws, as well as the most common state corporate law structures, allows us to effectively protect individual board members as well as board of directors as a whole.






