Charles Modlin and Matthew Hafter Published in Aspen Publishers Corporation
"Directors Protected from Risk Monitoring Liability"

Seyfarth Shaw Corporate Department partners Charles Modlin and Matthew Hafter wrote an article published in the June 15 edition of Aspen Publishers Corporation. The authors discuss In re the Goldman Sachs Group, Inc. and "the reality that compensation committess are increasingly scruitinzed for adopting compensation programs that regulators and stockholders believe are contrary to the corporation's interests as a result of director action involving a conflict of interest waste or failure to exercise business judgment."