Parent not Liable for Tortious Interference When It Causes Subsidiary to Breach to Protect its Interest in its Subsidiary
On December 27, 2021, Justice Schecter of the New York County Commercial Division issued a decision in Resorts Group, Inc. v. Cerberus Capital Mgt., L.P., 2021 NY Slip Op. 32797(U), holding that a parent entity cannot be liable for tortious interference when the parent, motivated by economic incentives to protect its interest in its subsidiary, causes its subsidiary to breach a contract . . . Continue reading Parent not Liable for Tortious Interference When It Causes Subsidiary to Breach to Protect its Interest in its Subsidiary
