Breakthrough in Parent Company Liability: Three Shell Defeats, the End of an Era and New Paradigms
Cees van Dam ()
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Cees van Dam: Professor of International Business and Human Rights, Rotterdam School of Management, Erasmus University; Professor of European Tort Law, Maastricht University; Visiting Professor King’s College London, where he teaches de Law of Tort (LL.B.) and Business and Human Rights (LL.M.).Netherlands
European Company and Financial Law Review, 2021, vol. 18, issue 5, 714-748
Abstract:
Two English and two Dutch cases have recently clarified the (potential) liability of parent companies vis-à-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).
Date: 2021
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DOI: 10.1515/ecfr-2021-0032
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