China -  Chinese law firm

What issues frequently limit the amount foreign investors may be held liable for industrial accidents abroad?

(a): International operations are generally performed through subsidiaries. Parent companies will often distance themselves from their subsidiaries so as to avoid jurisdiction in foreign courts. Ownership interest alone is not enough to pierce the corporate veil, and so a hands-off parent company can limit liability for industrial accidents and other damages which arise through operations to its subsidiary’s holdings.

RSS Feeds