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

译员何巍，毕业于欧洲一流的高级翻译学院，专注翻译各种与生命科学有关的法律文件。