Breakthrough in Parent Company Liability Three Shell Defeats, the End of an Era and New Paradigms

C. Van Dam*

*Corresponding author for this work

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Abstract

Two English and two Dutch cases have recently clarified the (potential) liability of parent companies vis-a-vis third parties in relation to damage caused by their subsidiaries. They concern the decisions of the UK Supreme Court in Vedanta v Lungowe and Okpabi v Shell, the Hague Court of Appeal in Oguru v Shell and the Hague District Court in Milieudefensie v Shell (climate change case).
Original languageEnglish
Pages (from-to)714-748
Number of pages35
JournalEuropean Company and Financial Law Review
Volume18
Issue number5
DOIs
Publication statusPublished - 1 Dec 2021

Keywords

  • SHAREHOLDER LIABILITY
  • HUMAN-RIGHTS
  • DILIGENCE
  • BUSINESS

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