Thanks Michael! Sometimes tone is hard to decipher on the internet. I really wasn't upset at all in my reply to the above responder, but it may have come off that way. Yes, this is all a hypotehtical question. The Parent-Subsidiary structure is used in many industries, but whenever I think about...
This was just hypothetical. I just signed up for this forum. I was under the impression that that was the purpose of this site, to have generalized discussions or post questions that people with real legal knowledge could answer, using their own experiences in the space to back up their...
Thanks! This was purely hypothetical. I'm interested in property development and keeps tabs on the local scene. I often read about deals involving massive full-service real estate groups. Their business units seem so intertwined when you think about the cross-functional activity involved in any...
So here’s an interesting question. When someone sets up a Development or Property Group, they often set up subsidiaries for each property or sets of properties for liability protection but my curiosity is how that protection could be pierced and make the parent company liable.
Example:
Parent...