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Why Shareholders Should Not Share the Blame in the EU

BY | November 10, 2009

This article is part of a Chronicle. See more from this Chronicle Stephen Kinsella, Anouck Meier, Nov 12, 2009 Should an independent shareholder which is not itself a party to…

This article is part of a Chronicle. See more from this Chronicle

Stephen Kinsella, Anouck Meier, Nov 12, 2009

Should an independent shareholder which is not itself a party to an antitrust infringement be held liable for the misconduct of a company it jointly owns? The question might raise eyebrows of practitioners in other jurisdictions, such as the United States, where corporate separateness prevails as a general rule and the proverbial corporate veil can be pierced only as an “extreme r

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