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  • THE LIABILITY OF THE HOLDING COMPANY FOR THE DEBTS OF ITS INSOLVENT SUBSIDIARIES
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    THE LIABILITY OF THE HOLDING COMPANY FOR THE DEBTS OF ITS INSOLVENT SUBSIDIARIES
    ANDREW MUSCAT
    This work deals with the liability of the holding company for the debts of its insolvent subsidiaries. In analyzing the current position under English law, the work challenges as outmoded and inadequate the virtual dogma that a holding company is not answerable for the debts of its insolvent subsidiaries. The study identifies four separate and distinct types of behavioural pr...

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