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Chandler v Cape Plc [2012] EWCA (Civ) 525, in which the parent company was found to have assumed a duty of care towards the employees of its subsidiary (who had been exposed to asbestos) because of the parent company’s “state of knowledge” about the factory in which these employees worked and “its superior knowledge about the nature and ...
Dec 18, 2012 · The Guide explains that under the FCPA’s anti-bribery provisions, a parent company may be liable for its subsidiary’s conduct in two ways: (1) if the parent company is found to have ...
Mar 1, 2017 · The English High Court recently considered whether a parent company could be held liable for acts and omissions of one of its subsidiary companies. Background. Proceedings were raised by various Nigerian citizens against the ultimate holding company of the Shell Group, Royal Dutch Shell plc (the "parent company"), together with its Nigerian ...
Oct 31, 2019 · A parent company is a separate legal entity to its subsidiary and both companies are independently responsible for their own activities. The decision The Court ruled, however, that a duty of care may be more likely to be established if a nature of involvement or intervention in the dealings of the subsidiary can be proven on the part of the ...
Mar 4, 2021 · The majority in the Court of Appeal focused inappropriately on the issue of the level of control that a parent exerts over its subsidiary in determining whether the parent can be liable for the ...
In certain circumstances, a holding company may be liable for debts incurred by a subsidiary company when the subsidiary company could not pay its debts. If the directors of the holding company were aware of, or should have been aware of, the insolvency, then the holding company may be liable for the debt. In those circumstances, a liquidator ...
Aug 8, 2018 · Relationship between the parent company and subsidiary. The issue is one of balance. The more involved a parent company is with the operations and management of its subsidiary so the risk increases that the parent company will be held liable for the tortious acts of its subsidiary. Some practical counter-measures that can be considered: 1.
