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(p. 484) 14. Groups of Companies 

(p. 484) 14. Groups of Companies
(p. 484) 14. Groups of Companies

Paschalis Paschalidis

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date: 04 December 2020

Titles in the Casebook on series provide readers with a comprehensive selection of case law extracts for their studies. Extracts have been chosen from a wide range of historical and contemporary cases to illustrate the reasoning processes of the courts and to show how legal principles are developed. This chapter considers the way both parliament and the courts have tried to deal with the phenomenon of groups of companies. It explains terms such as ‘holding company’, ‘subsidiary’, and ‘wholly owned subsidiary’. The chapter considers legal issues such as the problems that arise when the interests of a subsidiary are subordinated to those of the holding company or of the group as a whole.

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