Part II Economic Regulation by Home and Host Countries, 8 Group Liability and Directors' Duties

This chapter develops the themes of corporate control and liability first mentioned in chapter 2. It will examine in more detail the implications for existing principles of company law of integrated group enterprises and transnational contractual network enterprises (TNNs). This will be done by reference to the distinct issues that affect the various classes of claimants who may wish to invoke the liability of the enterprise or, indeed, of its directors. The first class of potential claimant are the minority shareholders in the subsidiaries of the MNE. Their...