Sentences with phrase «legally separate company»

CDP's move follows a decision by TIM to put its network into a legally separate company (NetCo) fully controlled by the phone incumbent.

CDP's move follows a decision by TIM to put its network - its most prized asset which analysts have valued at up to 15 billion euros - into a legally separate company (NetCo) fully controlled by the phone incumbent.

Not exact matches

On a separate note, 20 American states have also passed «Benefit Corporation» legislation, opening the way for companies to legally apply for a «B» corporate status that is separate from what B Labs does.

After playing a two - year game of chicken with management, bondholders forced the company to wipe out shareholders and legally separate the Lake Erie operation — the most modern integrated steel plant in North America — from the Hamilton mill and its related obligations.

C Corporation - a C corporation is a company legally viewed as a separate entity from its owners..

While I think the idea of vanity press is just wrong on so many levels, if Harlequin didn't use Harlequin resources or name, I could live with them having a financial interest in a joint - venture / partnership that was legally separate from the main company.

In those cases, it is important legally to know if you have multiple separate periods of employment that begin and end as separate jobs, which basically limits the duty of loyalty to on the job conduct, or if you are a part - time employee for a company for a period of time, in which case your duty of loyalty would ordinarily prohibit you from competing with your employer during the term of your employment.

For instance, US anti-bribery criminal laws such as the US Foreign Corrupt Practices Act frequently make a company liable for the acts undertaken by legally separate entities, such as distributors or joint venture partners.

Ford's involvement will also likely be legally separated from the company to avoid direct liability coming back to the parent company.