Claim against parent company in tort for inducing breach of contract by subsidiary has no real prospect of success
By EsqSocial Corporation 10/05/21
A claim for inducing breach of contract had no real prospect of success, despite the fact that a subsidiary’s breach of contract was the known and inevitable result of its parent company’s decision to form a joint venture. The court’s consideration of the tort of inducing a breach of contract in the context of a parent/subsidiary relationship is interesting as it is not uncommon for a subsidiary’s business dealings to be impacted by decisions made at group/parent level....
By: Allen & Overy LLP