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Parent corporations often externalize the risk of tort liability through legally separate subsidiaries.
1. "Deloitte" here means Deloitte Consulting LLP and Deloitte Services LP, which are separate subsidiaries of Deloitte LLP.
The plan involves Dresdner and Commerzbank forming a holding company with many banking operations held as separate subsidiaries.
Under the legislation, big banks might be forced to spin off some of their lucrative derivatives business into separate subsidiaries.
Since then, the two mattress brands have been run as separate subsidiaries and continued to compete against each other.
As used in this document, "Deloitte" means Deloitte Consulting LLP and Deloitte Services LP, which are separate subsidiaries of Deloitte LLP.
Similar(29)
It would become a separate subsidiary of the BBC group, operating at arm's length.
In 1957 Bell Aircraft's rotary-wing division was reorganized as the separate subsidiary Bell Helicopter Corporation.
The hardware and home improvement division will operate as a separate subsidiary within Spectrum.
A separate subsidiary, Match Services, has the service contract for accommodation and ticket sales for South Africa.
If banking is allowed only in a separate subsidiary, he says, the safety net will be ring-fenced.
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CEO of Professional Science Editing for Scientists @ prosciediting.com