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Liability of Holding Companies

15/11/2012

Today we see more and more companies restructuring their organisations and facing liability issues with respect to their activities in different jurisdictions. The trend to centralise management functions in a holding company, with directors of holdings also serving as directors of affiliates, increases the risk of liability issues to a considerable extent.

Thus, a good governance model within companies maintains still a central factor and gives lawyers an important role in advising on liability issues both with respect to transactions and with respect to contentious matters arising from violation of the corporate rules or from third parties' actions.

In this context, the CMS Corporate publication “Liability of Holding Companies” is an excellent piece of know-how to help clients assess the liability of a holding company for the behaviour of an affiliate. This publication sets out a summary of the basic principles pertaining to liability within corporate groups as applied in 14 of the CMS European jurisdictions.

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Liability of Holding Companies (1.6 MB)
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PDF 1.6 MB

Authors

Portrait ofCarl Leermakers
Carl Leermakers
Partner
Brussels
Portrait ofStefan Brunnschweiler
Stefan Brunnschweiler, LL.M.
Managing Partner
Zurich
Portrait ofMax Albers
Dr Max Albers, LL.M.
Portrait ofAtanas Bangachev
Atanas Bangachev
Partner
Sofia
Portrait ofHelen Rodwell
Helen Rodwell
Managing Partner
Prague
Portrait ofRoman Tarlavski
Roman Tarlavski
Partner
Amsterdam
Portrait ofAlexandra Schluck-Amend
Dr. Alexandra Schluck-Amend
Partner
Stuttgart
Portrait ofCarlos Peña
Carlos Peña
Partner
Madrid
Portrait ofPietro Cavasola
Pietro Cavasola
Managing Partner
Rome
Portrait ofPeter Huber
Peter Huber
Partner
Vienna
Martin Mendelssohn
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