Corporate torts and the duty of care - can human rights violations by subsidiaries and controlled supply chains give rise to the piercing of the corporate veil?

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Corporations have been undertaking very risk-taking activities abroad. Since they are met with less protective legislations in third-countries, some subsidiaries have been conducting their business without proper respect to human rights. As a result, not only the subsidiaries but also the parent companies can be held liable for violations of such rights in civil proceedings in their home countries. This is possible due to a procedure known as piercing of the corporate veil. However, there is no standard international convention or jurisdictional body to regulate the relation between business and human rights and the legal remedies that victims can access. In this regard, victims must call upon domestic courts in a pursuit of the most favorable jurisdiction to obtain a legal redress mechanism.

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Kulcsszavak
Corporate torts, Business and human rights, Alien Tort Statute, Kiobel case, Piercing of the corporate veil, Duty of care
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