Liability of Corporate Groups and Networks

Erscheinungsjahr 2019
ISBN: 978-1-108-71420-4
Verlag: Cambridge University Press

Buch, Englisch, 499 Seiten, Format (B × H): 152 mm x 229 mm, Gewicht: 717 g

Reihe: International Corporate Law and Financial Market Regulation

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.

Autoren/Hrsg.

Witting, Christian A.

Fachgebiete

• Rechtswissenschaften Wirtschaftsrecht Handels- und Gesellschaftsrecht Allgemeines und Gesamtdarstellungen (Gesellschaftsrecht)
• Sozialwissenschaften Soziologie | Soziale Arbeit Soziologie Allgemein Gesellschaftstheorie
• Rechtswissenschaften Recht, Rechtswissenschaft Allgemein Rechtsvergleichung
• Rechtswissenschaften Wirtschaftsrecht Handels- und Gesellschaftsrecht Handelsrecht, HGB, Handelsvertreter- und -maklerrecht
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensorganisation, Corporate Responsibility Unternehmenskultur, Corporate Governance

Inhaltsverzeichnis

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.

Über Autor(innen)

Witting, Christian A.
Christian A. Witting is Professor of Private Law at Queen Mary University of London where he teaches Company Law and Torts. He qualified as a lawyer in Australia and was previously employed by the Commonwealth Attorney General's Department.