Liu v. Whitestar Consulting & Contr., Inc.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that there is no unitary business, in part, because “there is no flow of international business”
• holding that where a subsidiary performed executive and operational functions “autonomously and independently of the parent company,” the parent and subsidiary companies were not “functionally integrated”
• holding businesses not unitary where there was absence of centralized accounting, legal counsel, financing, and purchasing
• reversing the New Mexico Supreme Court and holding that New Mexico had misapplied the three unities test
• type of occasional oversight \that any parent gives to an investment in a subsidiary\ (emphasis added)
• investment income is not converted into apportionable business income by reason of being commingled with business income

Source: CourtListener parenthetical corpus (CC0).