subsidiary law
51spin-off — USA A mechanism for separating out a division or line of business from its parent company. Spin offs are typically used to increase stockholder value by increasing the value of the business being spun off or removing a business that no longer… …
52affiliate — af·fil·i·ate 1 /ə fi lē ˌāt/ vb at·ed, at·ing vt 1: to bring or receive into close association as a member or division 2: to join or associate as a member or division vi: to connect or associate oneself usu. used with with has jus …
53jurisdiction — ju·ris·dic·tion /ˌju̇r əs dik shən/ n [Latin jurisdictio, from juris, genitive of jus law + dictio act of saying, from dicere to say] 1: the power, right, or authority to interpret, apply, and declare the law (as by rendering a decision) to be… …
54parent company — A company may own one or more other companies which are its subsidiaries. The relationship between parent and subsidiary depends on majority control of the voting rights of shares or the ability to appoint the majority of directors. The precise… …
55related party — Under the Listing Rules, parties who are deemed to be related to a listed company in connection with transactions undertaken with the listed company. They are: • A substantial shareholder, that is a shareholder (excluding a bare trustee) who is,… …
56reverse triangular merger — USA A form of merger in which: • The buyer forms a subsidiary and that merger subsidiary merges with and into the target company. • The target company assumes all of the merger subsidiary s assets, rights and liabilities by operation of law. •… …
57European Company — European Company, Also known as Societas Europaea or SE. A company which is formed in accordance with the European Company Statute. SEs are subject to certain EU wide laws wherever formed, such as those relating to share capital, internal… …
58Societas Europaea — European Company, Also known as Societas Europaea or SE. A company which is formed in accordance with the European Company Statute. SEs are subject to certain EU wide laws wherever formed, such as those relating to share capital, internal… …
59SE — European Company, Also known as Societas Europaea or SE. A company which is formed in accordance with the European Company Statute. SEs are subject to certain EU wide laws wherever formed, such as those relating to share capital, internal… …
60instrumentality rule — A principle of corporate law that permits a court to disregard the corporate existence of a subsidiary corporation when it is operated solely for the benefit of the parent corporation, which controls and directs the activities of the subsidiary… …
