ACTION FOR LIABILITY AGAINST THE HOLDING COMPANY FOR BREACH OF THE DUTY OF DILIGENCE BY CEASING TO PROVIDE FINANCIAL ASSISTANCE TO THE SUBSIDIARY.
The JUDGMENT OF THE COURT of 10 March 2022 in case C 498/20, analyses the following case concerning the liability of the holding company towards its subsidiary for the termination of the financial support, which led to the declaration of insolvency of the subsidiary. BMA NL and its holding company, BMA Groep BV, are companies …