Topic: it is entirely appropriate for directors of a parent corpor… · Go Syfert
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Topic #18150

2 canonical passages across 2 cases, quoted by 22 opinions in total. These passages cluster together because the same opinions keep quoting them side by side: they state parts of one doctrine. The anchor passage is from United States v. Bestfoods.

#Case FlagCanonical passage Citers
1 United States v. Bestfoods Anchor
scotus · 1998
green “it is entirely appropriate for directors of a parent corporation to serve as directors of its subsidiary, and that fact alone may not serve to expose the parent corporation to liability for its subsidiary's acts.” 19
2 Kingston Dry Dock Co. v. Lake Champlain Transp. Co.
ca2 · 1929
green “normally must depend upon the parent's direct intervention in the transaction, ignoring the subsidiary's paraphernalia of incorporation, directors and officers.” 3

A red or yellow flag on a member means the underlying case has negative treatment: for those, check the case page before relying on the passage.

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