group of companies

group of companies
A group of companies consists of two or more companies in common ownership usually consisting of a holding or parent company and its subsidiaries, direct or indirect. Each company is a separate legal entity and not normally liable for its fellow group companies` liabilities. Lenders however, commonly treat groups as a single entity and bind all members by using cross guarantees and through-default provisions. For tax purposes, profits and losses may be moved within the group to use available reliefs.

Easyform Glossary of Law Terms. — UK law terms.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • group of companies — ˌgroup of ˈcompanies noun groups of companies PLURALFORM [countable] ORGANIZATIONS another name for a group1 * * * group of companies UK US noun [C] ► GROUP(Cf. ↑ …   Financial and business terms

  • group of companies theory — теория группы компаний, согласно которой при наличии арбитражного соглашения (arbitration agreement), заключенного третьим лицом с одной из компаний, входящих в группу (group of companies), это лицо может при определенных обстоятельствах… …   Glossary of international commercial arbitration

  • group of companies — компании, обычно принадлежащие одному лицу или группе лиц …   Glossary of international commercial arbitration

  • McLean Group of Companies — is collective of companies owned by the McLean family in Vancouver, British Columbia, Canada. The company s head offices are located in Vancouver and primarily invests in the development of real estate projects in North America. The company also… …   Wikipedia

  • Katz Group of Companies — Type Private Industry Drug Stores Founded Edmonton, Alberta 1990 Founder(s) Daryl Katz Headquarters …   Wikipedia

  • Interpublic Group of Companies — Type Public (NYSE: IPG) Industry Advertising …   Wikipedia

  • SM Group Of Companies — Infobox Company name = SM Group Of Companies founded = 1994 company type = Public foundation = flagicon|PHL Manila, Philippines (1994) location = SM Central Business Park, Mall of Asia Complex, Pasay City, Metro Manila, Philippines founder = Sy… …   Wikipedia

  • Armstrong Group of Companies — Infobox Company company name = Armstrong Group of Companies company company company type = Private company slogan = One Wire, Infinite Possibilities foundation = 1946 in Kittanning, Pennsylvania, USA location = flagicon|USA Butler, Pennsylvania,… …   Wikipedia

  • Corinthia Group of Companies — Type Public (IHI) Industry Hospitality Founded Malta (1960) Headquarters …   Wikipedia

  • Guingon Group of Companies — Infobox Company company name = Guingon Group of Companies company type = Private foundation = 2000 in Tokyo City, Japan location = Tokyo, Japan Quezon City, Philippines key people = Founded by Angelito M. Guingon Angelito M. Guingon, CEO Miriam S …   Wikipedia

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”