Peter Yeoh
Abstract
Chandler v Cape suggests that parent companies may be confronted with new and expanded risks for the actions (or omissions) of their subsidiaries. This comment looks at the history of lifting the corporate veil before giving advice to business entities with group structures when dealing with this issue.
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Chandler v Cape suggests that parent companies may be confronted with new and expanded risks for the actions (or omissions) of their subsidiaries. This comment looks at the history of lifting the corporate veil before giving advice to business entities with group structures when dealing with this issue.
Key concepts: Subsidiary, Parent company, Liability, Business, Limited liability, Law and economics, Vicarious liability, Corporate law