Melissa Clark published in – Business Law Section’s Fall 2023 Newsletter
In the Fall 2023 Newsletter for the Business Law Section of the State Bar of Texas, Melissa Clark examines the recent Supreme Court case In re First Reserve, Management, L.P., No. 22-0227 (Tex. June 23, 2023). The plaintiffs in the case alleged the investors in a chemical plant were liable following an explosion. The Supreme Court’s analysis highlights when a subsidiary exercises control over a parent company’s actions.