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

资深译员Jenny，毕业于欧洲顶尖的高级翻译学院，擅长翻译涉及体育和运动场馆领域的法律文件。