Liability of Corporate Groups and Networks

This book discusses the insolvent entity problem, arising when companies within corporate groups and networks are unable to pay personal injury victims in full. It provides arguments for rules extending liability for personal injuries beyond insolvent entities especially in cases of mass wrongdoing such as asbestos exposure and defective pharmaceuticals.

List of contents

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.

About the author

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.

Summary

This book discusses the insolvent entity problem, arising when companies within corporate groups and networks are unable to pay personal injury victims in full. It provides arguments for rules extending liability for personal injuries beyond insolvent entities especially in cases of mass wrongdoing such as asbestos exposure and defective pharmaceuticals.

Product details

• Authors: Christian Witting, Christian (Queen Mary University of London) Witting, Christian (University of Exeter) Witting, Christian A. Witting, Christian A. (National University of Sing Witting, Christian A. (Queen Mary University of Lo Witting, Christian A. (Queen Mary University of London) Witting, Witting Christian A.
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Hardback
• Released: 31.01.2018
• EAN: 9781107039926
• ISBN: 978-1-107-03992-6
• No. of pages: 498
• Series: International Corporate Law and Financial Market Regulation; International Corporate Law an; International Corporate Law an; International Corporate Law and Financial Market Regulation
• Subjects: Social sciences, law, business > Law > Mercantile and commercial law; Corporate Governance, LAW / Corporate, Commercial law, comparative law, Company law