Questions tagged [subsidiaries]

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Can a company bind an "affiliated" company in a contract if the term is used 1) improperly and 2) properly?

Normally, an affiliate is a company in which another company or entity has a minority interest. (This is different from a subsidiary, in which a company has more than 50% control.) Under those ...
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How does a subsidiary "upstream" a contract in the following scenario?

Company B is an 80%-owned subsidiary of Company A. Company B has just signed a contract with Company C. Company A wants the contract (its rights and obligations) for itself. Can Company A acquire the ...