Annual Meeting 2006: Many US employees have no idea of the exposure they are facing by managing overseas business dealings, or worse, being registered as officers or managers of non-US companies. Not only do numerous US and non- US laws hold an employee personally liable for certain statutes occurring outside the US, but civil law countries do not recognize a business judgment rule defense to personal liability. Think you or others in your organization might be exposed but don’t know how to proceed? This comprehensive discussion will use hypothetical scenarios to teach you how to counsel your staff about personal liability issues, how to set up legal safeguards to avoid those liabilities, and how to deal with ethical issues related to employees’ personal liability issues vs. your duty as counsel to the company.