The Must-Have Record: Board Meeting Minutes

It is more imperative than ever that what happens behind the closed doors of board meetings be preserved to answer any claim of irregularity.

Hardly a day passes without news of allegations of corporate mismanagement leveled by a government agency, an aggressive plaintiff's lawyer, or an internal watchdog unit within a large company. Directors and officers find themselves scrutinized, questioned, challenged, and sometimes sued in their personal capacities for a multitude of alleged sins of commission and omission.

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