Many directors worry that the higher fees do not compensate them for the extra risk in today's litigious climate.
ECONOMIST: Non-executive directors
Do-Nothing Boards of Directors of mutual funds that summarily approve excessive investment advisory fees.
FORBES: Emerging New Fiduciary Trends and Developments: Systems of Mass Deception vs. Systems of Enhanced Diligence (September 1, 2003)
All of the money will flow back into News Corp. from the insurers that cover its directors and officers against claims of this sort, minus legal fees that have yet to be negotiated.
FORBES: News Corp. Pays Itself $139 Million For Phone-Hacking Scandal -- Minus Legal Fees
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