World Wide Packaging v. Cargo Cosmetics: Must Corporate Parents Pay For The Youthful Indiscretions Of Their Subsidiaries?

(3 min read) Your company just received a purchase order for 100,000 i-widgets from SuperKoolCo. SuperKoolCo is a subsidiary of MegaEvyl Corp., one of the biggest conglomerates around. Six months later, SuperKoolCo hasn’t paid you a dime. Do you have a case against SuperKoolCo’s parent, MegaEvyl?