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Blank Rome’s Frederick D. Lipman Authors Enhanced Corporate Governance: Avoiding Unpleasant Surprises

Blank Rome LLP Partner Frederick D. Lipman, an internationally recognized authority on business law, published Enhanced Corporate Governance: Avoiding Unpleasant Surprises (Daniel Publishing LLC, Sept. 2019), in which he offers an in-depth discussion on the various financial disasters that happened this century to both public and nonprofit organizations—notably, Theranos, General Motors, Michigan State University, Lehman Bros., and Enron—as well as provides key proactive measures that can be taken by directors and officers to help prevent financial disasters.

“In today’s business climate, preparing for a financial disaster is essential to long-term success and corporate security,” said Lipman. “To mitigate such a financial disaster, it is critical that boards and CEOs have a proactive corporate governance strategy, understand the culture of the organization, pay attention to legitimate whistleblowers, and not over-rely on internal risk and control personnel without independent verification. I discuss these key components and more in my book, as even the most diligent and sophisticated boards of director and trustees and CEOs are at risk at any time for such a situation to occur.”

Venture capitalists, private equity firms, directors and officers of public, private, and nonprofit organizations (including university trustees), individual and institutional investors, accountants, and business consultants will find this book of notable interest in today’s business climate.

Enhanced Corporate Governance: Avoiding Unpleasant Surprises is available for purchase in print and e-copy on

Frederick D. Lipman has written 20 books and more than 50 articles about corporate and securities law, and has more than 50 years of experience in corporate governance, trust law, mergers and acquisitions, insurance, private equity, and IPOs. His book, Corporate Governance Best Practices, is suggested or required reading at several universities, and the SEC cited his book, Executive Compensation Best Practices, in changing its public-company proxy statement requirements. His book, Going Public, was ranked among the top 10 business books. A graduate of Harvard Law School, he has lectured at Penn Law School, the Wharton Business School MBA program, and Temple Law School for a combined total of 13 years. He has appeared on CNN, CNBC, Bloomberg, Fox Business, and Chinese television and has been quoted in The Wall Street Journal, New York Times, and other publications.