substantial continuity doctrine

substantial-continuity doctrine. A principle for holding a successor corporation liable for the acts of its predecessor corporation, if the successor maintains the same business as the predecessor, with the same employees, doing the same jobs, for the same supervisors, under the same working conditions, and using the same production processes to produce the same products for the same customers. — Also termed continuity-of-enterprise doctrine. Cf. MERE-CONTINUATION DOCTRINE. [Cases: Corporations 445.

1. C.J.S. Corporations § 657.]

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词条贡献者

法律翻译Bernardine，毕业于新加坡知名法学院，专注翻译各类与文娱与体育有关的法律文件。