Illegal consumption (such as prohibition of drugs, alcohol, and smoking)
Miscegenation
Piracy
Regicide
Terrorism
Usurpation
War crimes
Crimes against animals
Cruelty to animals
Poaching
Wildlife smuggling
Bestiality
Crimes against the state
Lèse-majesté
Treason
Espionage
Secession
Sedition
Subversion
Defenses to liability
Actual innocence
Automatism
Consent
Defense of property
Diminished responsibility
Duress
Entrapment
Ignorantia juris non excusat
Infancy
Insanity
Justification
Mistake (of law)
Necessity
Provocation
Self-defense
Other common-law areas
Contracts
Defenses
Evidence
Property
Torts
Wills, trusts and estates
Portals
Law
v
t
e
Corporate liability, also referred to as liability of legal persons, determines the extent to which a company as a legal person can be held liable for the acts and omissions of the natural persons it employs and, in some legal systems, for those of other associates and business partners.
Since corporations and other business entities are a major part of the economic landscape, corporate liability is a key element in effective law enforcement for economic crimes. A 2016 mapping of 41 countries’ corporate liability systems shows wide variations in approaches to liability, and that corporate liability is a dynamic area of legal innovation and evolution.[1]
The term legal person refers to a business entity (often a corporation, but possibly other legal entities, as specified by law) that has both legal rights (e.g. the right to sue) and legal obligations. Because, at a public policy level, the growth and prosperity of society depends to a large extent on the business community, governments must carefully tailor the extent and ways that each permitted form of business entity can be held liable.
Important design elements of corporate liability systems include jurisdiction, successor liability, related and unrelated entities as sources of liability, sanctions and mitigating factors.[1]
Poorly designed or non-existent corporate liability systems can make it impossible to enforce laws effectively and can lead to profound injustices for individuals or entities seeking accountability and redress for wrongdoing.[2]
^ ab"Liability of Legal Persons for Foreign Bribery: A Stocktaking Report - OECD". www.oecd.org. Retrieved 2021-03-27.
^Carlson, Margaret (13 July 2011). "Hot Coffee, Cold Cash and Torts: Margaret Carlson". Bloomberg. Retrieved 9 August 2013.
and 27 Related for: Corporate liability information
Corporateliability, also referred to as liability of legal persons, determines the extent to which a company as a legal person can be held liable for...
A limited liability company (LLC) is the United States-specific form of a private limited company. It is a business structure that can combine the pass-through...
all forms of limited liability companies, offer alternatives to traditional company and corporate structures. Limited liability can enable opportunities...
circumstances permitting "piercing the corporate veil." The same is true for the members of a limited liability partnership and the limited partners in...
that own it. Under corporate law, corporations of all sizes have separate legal personality, with limited or unlimited liability for its shareholders...
the corporate veil or lifting the corporate veil is a legal decision to treat the rights or duties of a corporation as the rights or liabilities of its...
shareholders. There is significant evidence that limited liability in tort may lead to excessive corporate risk taking and more harm by corporations to third...
"piercing the corporate veil." Courts generally try not to utilize this exception unless there have been serious transgressions. Limited liability aids entrepreneurs...
Subsidiary Corporations (Little, Brown and Company 1987) Witting C, Liability of Corporate Groups and Networks (Cambridge University Press 2018) Morris CHR...
to comply with corporate law requirements Société en commandite par actions (SCA): ≈ corporate limited partnership Ltd: Limited liability company Plc: Public...
director. Companies portal Corporateliability Identification with corporation International Executive Resources Group List of corporate titles Outline of management...
vicarious liability and corporateliability). For the worst corporate crimes, corporations may face judicial dissolution, sometimes called the "corporate death...
corporate level, and then, upon distribution of dividends, shareholders pay income tax (personal or corporate).[citation needed] A limited liability company...
question of corporateliability unresolved. In Jesner v. Arab Bank, PLC, the Supreme Court again revisited the question of corporateliability and ruled...
performance of the assets at hand. Underperforming capital assets pose a liability to the finances and continued existence of any legal entity, regardless...
legislation. See Canadian corporate law. Dutch corporate law is embedded in the ondernemingsrecht and, specifically for limited liability companies, in the vennootschapsrecht...
services itself. Its purpose is to own stock of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called...
An unlimited liability corporation (ULC) within Canadian corporate law is a Canadian corporation designation, wherein shareholders are liable up to unlimited...
administration of the Companies Act 2013, the Companies Act 1956, the Limited Liability Partnership Act, 2008, and the Insolvency and Bankruptcy Code, 2016. It...
The limited liability limited partnership (LLLP) is a relatively new modification of the limited partnership. The LLLP form of business entity is recognized...
Directors and officers liability insurance (also written directors' and officers' liability insurance; often called D&O) is liability insurance payable to...
separate legal entities and provide limited liability for their owners and members. They are subject to corporate tax rates. They are also more complicated...
In law, successor liability is liability (debt or other obligation) that is inherited by a successor entity after a corporate restructuring. Here, ‘successor’...
[ɡəˈzɛlʃaft mɪt bəˌʃʁɛŋktɐ ˈhaftʊŋ]), literally 'company with limited liability' (abbreviated as GmbH [ɡeːʔɛmbeːˈhaː] in Germany, Switzerland and Liechtenstein...
are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities...
building 'chain stores' to distribute goods and avoid investment and liability over a chain. The franchisor's success is the success of the franchisees...
Global Information