Minimising Corporate Liability: Advice from Outside Counsel – IR Global, Fawaz Alkhateeb

The IR Global 50-page report includes contributions from 23 outside counsel across multiple jurisdictions. It touches on the key areas of director liability and governance mechanisms between board and c-suite executives; as well as current trends within regulatory agencies and courts of which in-house counsel should be aware.

Mr Fawaz Alkhateeb contributed in the report in pages 34-35 providing his opinion on the top three things to consider in Kuwait with regard to director liabilities / reporting to the board. He points to the 1. Wrongful and deceitful acts. 2. Errors that may cause gross damages. 3. Insider dealing and market manipulation in listed companies. Read More