Trans-American Communications, Inc. v. Nolle

How courts have described this case

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

• the relevant inquiry is whether the parent had “systematically drained off” the assets of the subsidiary to benefit the parent or the other subsidiaries
• a holding company and its wholly owned subsidiary may be separate entities even though they share the same offices and bookkeeping facilities and trade information and employees

Source: CourtListener parenthetical corpus (CC0).