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Executive Management Meeting

For those companies that have already established a U.S. subsidiary, our Executive Management Meeting (EMM) offers up-to-date information about how the U.S. subsidiary can perform correctly (keyword: Corporate Governance). In addition, the EMMs help to protect the U.S. subsidiary from personal liability by adequately training its executives in the operational areas in which they will bear management responsibility. Equipped with this advice, the managers’ risk of personal liability will be considerably reduced. In addition, since the German managers will come away with knowledge of the U.S. market, the argument that the U.S. subsidiary must be a front company and the German parent company should be responsible will no longer be valid (keyword: liability penetration; Veil Piercing).

The EMMs are structured in a way that allows all relevant liability topics to be covered. Therefore, no issue remains that the managers have to worry about. Among the topics covered are product liability, transfer pricing, corporate governance, insurance, employment, and contractual risk management.

We recommend that the EMMs are attended with a certain delay after the U.S. Entry Meetings since they are based on the content of the U.S. Entry Meeting. Therefore repetitions in some areas are unavoidable.

In particular, after setting up a company in the US, all managers involved in the US business should visit the Executive Management Meetings (EMM) to be up-to-date on relevant US issues.

Upcoming Events

16.09.2021                    COLOGNE   Hotel Pullman
07.10.2021                    NEW YORK   Harvard Club of New York
11.11.2021                    MUNICH   Platzl Hotel
Postponed to 2022   VIENNA   Meliá Vienna / DC Tower
Postponed to 2022   STUTTGART   Althoff Hotel am Schloss­garten

Agenda

08:45–09:00 Registration

09:00–09:15 Welcome, Overview & Introduction
• Overview of the Day & Agenda
• Brief Introduction of the Participants

09:15–09:45 Introduction to U.S. Risk Management
• Punitive Damages
• Contingency Fees
• Discovery-Procedures
• Costs
• Prevention Measures

09:45–10:45 Product Liability Protection
• Adjustment of Products
• Content and Structure of Manuals
• Technical Standards
• Selecting the Warning Labels
• Protection against Liability
• Costs & Timing
• Recent Developments

10:45–11:00 Coffee Break

11:00–11:45 Insurance Solutions
• Analysis of the current situation: changed conditions for international insurance programmes D /USA
• US Product Liability: Coverage in International Programs
• Practical examples: Protection and liability claims management
• Manager Liability Special: D&O Coverage
• Current topics and developments (dangers of the supply chain, cyber risks, etc.)

11:45–12:30 Employment
• Hire & Fire Reality
• Employment Law & Regulations
• Management Tasks
• Discrimination Issues
• Titles & Organization Structure
• Employment Handbook
• Medical & 401 (k) Plans

12:30–13:00 UCC Liens
• Definition & Purpose
• Why do we need it in the US
• How to use it
• Procedure, Timing & Costs

13:00–13:45 Lunch Break

13:45–14:30 Transfer-Pricing
• Significance of transfer pricing
• Methods
• Documentation
• Recent Developments
• Pitfalls
• Questions & Discussion

14:30–15:15 Data Protection Compliance
• Current Compliance focus in the US
• Data Protection
• Anti-Trust Rules
• Kickbacks
• System of Compliance measures

15:15–16:15 Corporate governance and avoidance of piercing the corporate veil
• Current Requirements
• Managing the US-Subsidiary from the European Headquarter
• Officer & Board Functions
• Documentary Requirements in the Minute Book
• Avoidance of Personal Liability of Officers and Directors
• Avoidance of Piercing the Corporate Veil

16:15–16:30 Tea Break

16:30–17:00 Representations & Warranties
• What it is
• Most signifikant Commercial Content
• Plus one Legal Aspect
• Practical use of Reps

17:00–17:30 Contractual Risk Management
• Exclusion of Consequential Damages
• The Overall Liability Cap
• “Time is of the Essence” Provision
• “The deal is a deal” Language
• Arbitration vs. Litigation

17:30–17:45 Participants’ Feedback

17:45–19:30 Cocktail Reception / Networking / Farewell

* Subject to changes

Here you have the possibility to download the newest flyer for the Executive Management Meeting: