"Directing Within the 'Zone'" (Corporate Board Member)

July 28, 2009

Corporate Board Member magazine published on its web site an article written by Frank Aquila and Peter Naismith. The article titled, "Directing Within the 'Zone,'" discussed the fiduciary duties of a corporation's board of directors in the event of insolvency. Mr. Aquila and Mr. Naismith provided a list of basic principles for directors to keep in mind when the corporation is facing potential insolvency. The authors also listed steps on how to better understand potential problems and prevent financial disasters.