parent company

Combined financial strength: financial situation of parent company may be taken into account when determining the financial standing of the subsidiary that is being fined
Combined financial strength: financial situation of parent company may be taken into account when determining the financial standing of the subsidiary that is being fined 1000 563 SarisLaw

The Administrative Jurisdiction Division ruled in its judgment that the financial situation of a parent undertaking can be taken into account when determining the financial strength of its fined subsidiary…

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