{"id":6460,"date":"2023-05-19T15:28:49","date_gmt":"2023-05-19T19:28:49","guid":{"rendered":"https:\/\/www.khflaw.com\/news\/?p=6460"},"modified":"2025-07-31T12:55:19","modified_gmt":"2025-07-31T16:55:19","slug":"legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision","status":"publish","type":"post","link":"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/","title":{"rendered":"Legal Intelligencer: Officers and Directors Should Seek Mandatory Advancement Provision"},"content":{"rendered":"<p>Not all indemnification and advancement rights are created equal. While many companies provide broad and mandatory advancement rights to covered persons, some companies provide permissive advancement rights.<\/p>\n<p>In the May 18, 2023 edition of <a href=\"https:\/\/www.law.com\/thelegalintelligencer\/\">The Legal Intelligencer<\/a>, Edward T. Kang wrote \u201c<a href=\"https:\/\/www.law.com\/thelegalintelligencer\/2023\/05\/18\/officers-and-directors-should-seek-mandatory-advancement-provision\/\">Officers and Directors Should Seek Mandatory Advancement Provision<\/a>\u201c <a href=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/#more-6460\" class=\"more-link\">Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not all indemnification and advancement rights are created equal. While many companies provide broad and mandatory advancement rights to covered persons, some companies provide permissive advancement rights. In the May 18, 2023 edition of The Legal Intelligencer, Edward T. Kang wrote \u201cOfficers and Directors Should Seek Mandatory Advancement Provision\u201c Continue reading \u203a<\/p>\n","protected":false},"author":12,"featured_media":5537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[414],"tags":[336],"coauthors":[535],"class_list":["post-6460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications","tag-legal-intelligencer","publication_lawyer-edward-t-kang","representative_cases_feed-offices-and-directors"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Legal Intelligencer: Officers and Directors Should Seek Mandatory Advancement Provision &#8212; Kang Haggerty News &#8212; May 19, 2023<\/title>\n<meta name=\"description\" content=\"Not all indemnification and advancement rights are created equal. While many companies provide broad and mandatory advancement rights to covered persons, &#8212; May 19, 2023\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Legal Intelligencer: Officers and Directors Should Seek Mandatory Advancement Provision &#8212; Kang Haggerty News &#8212; May 19, 2023\" \/>\n<meta property=\"og:description\" content=\"Not all indemnification and advancement rights are created equal. While many companies provide broad and mandatory advancement rights to covered persons, &#8212; May 19, 2023\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/\" \/>\n<meta property=\"og:site_name\" content=\"Kang Haggerty News\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-19T19:28:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-31T16:55:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2020\/08\/Group-1024x576-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"576\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Edward T. 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While many companies provide broad and mandatory advancement rights to covered persons, &#8212; May 19, 2023","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/","og_locale":"en_US","og_type":"article","og_title":"Legal Intelligencer: Officers and Directors Should Seek Mandatory Advancement Provision &#8212; Kang Haggerty News &#8212; May 19, 2023","og_description":"Not all indemnification and advancement rights are created equal. While many companies provide broad and mandatory advancement rights to covered persons, &#8212; May 19, 2023","og_url":"https:\/\/www.khflaw.com\/news\/legal-intelligencer-officers-and-directors-should-seek-mandatory-advancement-provision\/","og_site_name":"Kang Haggerty News","article_published_time":"2023-05-19T19:28:49+00:00","article_modified_time":"2025-07-31T16:55:19+00:00","og_image":[{"width":1024,"height":576,"url":"https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2020\/08\/Group-1024x576-1.png","type":"image\/png"}],"author":"Edward T. Kang","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Edward T. 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