Group of companies and responsibility for environmental damage Cover Image

Grupul de societăți și răspunderea pentru atingeri aduse mediului
Group of companies and responsibility for environmental damage

Author(s): Flaminia Stârc-Meclejan
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: group of companies; liability; damage to the environment; piercing of the corporate veil

Summary/Abstract: The possibility of victims of an environmental damage, facing the precarious financial condition of a subsidiary, to sue the parent company is theoretically hindered by the independence of the affiliated companies forming the group, each component company retaining its legal personality.The aim of our paper, in the context of the absence of a group regulation in Romanian law, is that of seeking an answer to the existence of the possibility of piercing the parent company’s corporate veil to discuss its accountability, in the aforementioned circumstances

  • Issue Year: 2014
  • Issue No: 1
  • Page Range: 175-188
  • Page Count: 10
  • Language: Romanian