Liability within Corporate Groups
Prospects of a harmonised integral law of corporate group liability
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Beschreibung
Corporate Groups are a common phenomenon in modern economic reality. Nearly all big international companies are organised as a group of companies made up of individual legal entities within one group managing parent or holding company. In such groups of incorporations, there is usually a separation between the management of the group - performed by the parent or holding company - and the everyday decisions of the subsidiaries. However, the parent company has managing power over its subsidiaries and the decisions of the subsidiaries are based often on a decision or an instruction from the parent company. In such case the subsidiaries do not only work exclusively for their own interests. The question arising is now: Who is liable for a suit against a subsidiary in such a Corporate Group?
Autor*in
René T. Wieser
Themen in »Liability within Corporate Groups«
Agency relationship Agenturbeziehung Betrug Cases Chandler v Cape Courts Deutsch Directive Einnahmenfälle Englisch English English law European Law European prospects Europäisches Recht