@article {Shein20, author = {James B. Shein}, title = {Trying to Match SOX}, volume = {8}, number = {2}, pages = {20--27}, year = {2005}, doi = {10.3905/jpe.2005.490413}, publisher = {Institutional Investor Journals Umbrella}, abstract = {Directors of public and private companies face increased scrutiny and potential attacks on several fronts. Those include 1) government enforcers and plaintiffs taking directors{\textquoteright} personal assets; 2) governance reforms enacted at the state and federal level; 3) court rulings which strip directors of the attorney-client privilege; 4) attacks against the safe harbor of the business judgment rule; and 5) insurers trying to rescind directors{\textquoteright} insurance policies. Directors can take steps to protect themselves while still meeting the higher standards. These include hiring independent counsel for non-management directors, restructuring the D\&O insurance program, and taking particular actions if the company winds up in bankruptcy.}, issn = {1096-5572}, URL = {https://jpe.pm-research.com/content/8/2/20}, eprint = {https://jpe.pm-research.com/content/8/2/20.full.pdf}, journal = {The Journal of Private Equity (Retired)} }