Translation of "Subsidiary liability" in German

In its communication, the Commission takes the view that the issue of whether principal contractors having subsidiary liability could constitute an effective and proportionate way to increase the monitoring and enforcement of compliance with Community law merits further examination and reflection.

Therefore, in the IFP group, as in any other group of companies, in the event of default by a subsidiary with limited liability (in this case a public limited company), the liability of the parent (as for any other ordinary shareholder) is confined to the loss of its contributions, always assuming there are no suretyships, endorsements, guarantees, letters of intent or letters of comfort [123] explicitly committing it.

In summary, Gewährträgerhaftung constitutes an unremunerated unlimited subsidiary liability of a public corporate body (municipality or Land) for creditor claims against a public institution (public bank) where that institution is insolvent.

Some Member States also favour establishing a principle of subsidiary liability to ensure compliance with employment rights throughout the EU.

Nevertheless, a majority of delegations considered that the proposed compromise constitutes an acceptable basis for further work, and that in order to achieve the maximum environmental benefit, some form of subsidiary liability would have to remain with the Member Sates.

Whether subsidiary liability could constitute an effective and proportionate way to increase the monitoring and enforcement of compliance with Community law merits further examination and reflection.

If, in the above case, the parent firm can show that, despite its majority holding in the subsidiary, its liability is limited in proportion to the part of the capital which it holds (e.g. because the minority shareholder has pledged its liability pro rata in accordance with its holding), then pro-rata consolidation may be prescribed (Article 5(1), second paragraph).

Would subsidiary liability be an effective and feasible way to establish that responsibility in the case of sub-contractors?

This not only concerns the subsidiary liability for social security claims, but also possible violations of the German Temporary Employment Act.

The insurance cover of Nitz + Co. Speditions-Kontor includes a freight forwarder and carrier liability policy (ADSp/HGB/CMR) with subsidiary liability and a business liability insurance policy.

Partners may charge fees for the transfer of points to the Program, relieving LATAM of any responsibility, whether direct or indirect, subsidiary or joint liability for the collection of these from Customers.

Creditors' protection often involves challenging of transactions, appealing against actions (omissions) of managers, performing of an expertise, bringing the director and members of the debtor to subsidiary liability, replacement of managers.

Where damages were caused by another manufacturer s products, our liability shall initially be limited to the assignment of the claims we have against the supplier, contractor etc., and shall only be subsidiary liability.

The Council agreed to amend the follow ing points in the proposal: the scope of the future directive, subsidiary State liability if the operator is insolvent or unidentified, the mitigating factors exonerating the operator from liability, and the financial security provisions.

Julia practices dispute resolution with the focus at resolution of disputes in construction activities both in state courts and in international and arbitration courts. Julia also deals with the is issues of recognition of deals as void (including such recognition in the scope of bankruptcy procedure), issues of subsidiary liability, challenging the actions (omissions) of government bodies, protection of intellectual property rights.

As well as acquiring the shares, the investment company also took over the entire business activities and all subsidiaries, including existing liabilities.

In no case, Fall Genotec, its associated companies, or subsidiaries assume any liability for indirect or consequential damages of any kind (in particular loss of data or lost profit) or other damages of any kind, regardless of whether or not the possibility was pointed out that damage could occur in connection with the use of this information.