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Legal Research

: New York Supreme Court Criminal Term Library

Risk Management: Safety Act Offers Both Liability Protection and Liability Avoidance

By David Badertscher, PLL

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Source: Lexology, May 22, 2009.

SAFETY Act offers both liability protection and liability avoidance for companies, directors and officers, and preservation of stockholders' value
Duane Morris LLP
"Although the SAFETY Act can cap a company's liability exposure at a predetermined amount of insurance, and even eliminate a company's liability exposure altogether, "it remains one of the most underreported and underutilized" risk management and litigation management tools for companies in any industry that uses security products, services, software, shopping center security guards, professional security certification programs, assessments and emergency response plans."

Full post as published by New York Supreme Court Criminal Term Library on May 22, 2009 (boomark / email).

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