When a corporation, called the parent corporation, buys all or the majority of shares in another company, the company becomes a subsidiary of the parent corporation. A parent corporation can also ...

Claims and risk services administration company Sedgwick Claims Management Services Inc. has confirmed that a cyberattack ...

Purchasing a subsidiary is one of the ways your company can expand into a new market. Instead of starting a new venture from scratch to capitalize on an opportunity, you can take advantage of the ...

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Please note: This item is from our archives and was published in 2002. It is provided for historical reference. The content may be out of date and links may no longer function. CERTAIN DEVELOPMENTS IN ...

Before the Tax Reform Act of 1986 amended IRC section 336, it was possible for owners to remove assets from a corporation without a corporate-level tax. Section 336 now requires taxpayers to recognize ...

When someone says that a subsidiary is “wholly owned”, I believe that the common understanding is that the parent company owns all of the issued and outstanding equity of the subsidiary. What if the ...

Claims administration and risk management company Sedgwick has confirmed that its federal contractor subsidiary, Sedgwick ...

You are responsible for corporate operations and procurement at the headquarters of a Fortune 1000 company. Your team has done an outstanding job selecting preferred suppliers, negotiating prices and ...

Where a company has a complicated ownership structure – perhaps hundreds or even thousands of legal entities ultimately under a single parent company – the trademark practitioner may colloquially ...