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Susanne Wimmer-Leonhardt
Konzernhaftungsrecht
Die Haftung der Konzernmuttergesellschaft für ihre Tochtergesellschaften im deutschen und englischen Recht
[Internal Corporate Group Liability. The Liability of the Parent Company of a Corporate Group for its Subsidiaries in German and English Law.]
2004. XXIX, 861 pages. Published in German.
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Summary
The most common or typical business enterprise in contemporary society is not the single-company organization but the complex corporate group. One of the fundamental problems caused by corporate group activities is the question of inter-corporate liability towards the external creditors of companies within the group, since the potential for abusive or unfair practices that could have a negative effect on the interests of the external creditors of the group is inherent in the holding-subsidiary relationship.