Liability of corporate groups and networks / Christian A. Witting.
2018
Items
Details
Title
Liability of corporate groups and networks / Christian A. Witting.
Imprint
Cambridge : Cambridge University Press, 2018.
Description
1 online resource (xxxi, 467 pages) : digital, PDF file(s).
Series
International corporate law and financial market regulation.
Formatted Contents Note
Machine generated contents note: 1. Introduction; Part I. Business Context: 2. The formation of corporate groups and networks; 3. Structuring of corporate group relations; 4. Insolvent entity case studies; Part II. Theory: 5. Conceptions of group and network liability; Part III. Statute: 6. General protections for creditors; 7. Group-specific protections for creditors; 8. Statutory torts; 9. Modified limited liability; Part IV. Common Law: 10. Veil-piercing; 11. Direct liability in tort; 12. Vicarious and joint liability in tort; 13. Conclusions.
Summary
What happens when a corporate subsidiary or network company is unable to pay personal injury victims in full? This book sets out to tackle the 'insolvent entity problem', especially as it arises in cases of mass wrongdoing such as those involving asbestos exposure and defective pharmaceuticals. After discussing the nature of corporate groups and networks from the perspectives of business history, organisation studies, and social theory, the book assesses a range of rules and proposed rules for extending liability for personal injuries beyond insolvent entities. New proposals are put for an exception to the rule of limited liability and for the development of a flexible new tort based on conspiracy that encompasses not only control-based relationships but also horizontal coordination between companies. The book concludes with a general discussion of lessons learned from debates about extended liability and provides guidelines for the development of new liability rules.
Note
Title from publisher's bibliographic system (viewed on 05 Jan 2018).
Location
WWW
Available in Other Form
Print version:
Linked Resources
Alternate Title
Cambridge Books Online.
Language
English
ISBN
9781139626828 ebook
9781107039926 (hardback)
9781107039926 (hardback)
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