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Liability within Corporate Groups

Liability within Corporate Groupsvon René T. Wieser
Über Liability within Corporate Groups

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?

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  • Sprache:
  • Englisch
  • ISBN:
  • 9783944420509
  • Einband:
  • Taschenbuch
  • Seitenzahl:
  • 64
  • Veröffentlicht:
  • 31. Januar 2019
  • Ausgabe:
  • 19002
  • Abmessungen:
  • 148x5x210 mm.
  • Gewicht:
  • 107 g.
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Beschreibung von Liability within Corporate Groups

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?

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