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Many of those who resist the need for D&O insurance are affiliated with companies that have only a very small number of shareholders. Your browser will take you to a Web page (URL) associated with that DOI name. Port Manteaux churns out silly new words when you feed it an idea or two.Among other things, this also means a focus on the potential liability exposures for the company and its directors and offices once the company goes public.Until the company actually completes its planned offering, however, it is still a private company — albeit one with a heightened set of risk exposures because of the company’s pre-IPO activities.

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