| Description |
1 online resource (xxxii, 468 pages) |
| Series |
International corporate law and financial market regulation |
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International corporate law and financial market regulation.
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| Contents |
Introduction -- Part I. Business Context. The formation of corporate groups and networks -- Structuring of corporate group relations -- Insolvent entity case studies -- Part II. Theory. Conceptions of group and network liability -- Part III. Statute. General protections for creditors -- Group-specific protections for creditors -- Statutory torts -- Modified limited liability -- Part IV. Common Law. Veil-piercing -- Direct liability in tort -- Vicarious and joint liability in tort -- Conclusions |
| Summary |
Discusses the nature of corporate groups and networks and provides arguments for rules extending liability beyond insolvent entities |
|
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 forward 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 |
| Bibliography |
Includes bibliographical references and index |
| Notes |
Online resource; title from PDF title page (EBSCO, viewed January 11, 2018) |
| Subject |
Tort liability of corporations.
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Corporation law.
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Corporate veil.
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LAW -- Administrative Law & Regulatory Practice.
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Corporate veil
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Corporation law
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Tort liability of corporations
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Laws of specific jurisdictions & specific areas of law.
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Social theory.
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Corporate governance: role & responsibilities of boards & directors.
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Comparative law.
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Commercial law.
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Company law.
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Business & Management.
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Law.
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| Form |
Electronic book
|
| ISBN |
9781108654364 |
|
1108654363 |
|
9781139626828 |
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1139626825 |
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9781107039926 |
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1107039924 |
|
