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Simply type in the web app’s address, log in and start chatting!The intuitive interface of our web application makes it viable to handle several customers while attending other duties.It is common to use the term “parent/subsidiary” when describing the relationship between a business enterprise and its subsidiary. The term “parent/subsidiary” is not equivalent to the term “parent/child”. While the parent business enterprise may incorporate its subsidiary corporation, name its board of directors and officers, enunciate the subsidiary’s business purpose, adopt bylaw provisions preserving the parent’s control of its subsidiary, etc., it is important that the subsidiary be established and recognized by the parent, as well as third parties, as an independent corporation managed by a board of directors.The matter of subsidiary independence is oftentimes a stumbling block to the parent business enterprise which may view an independent subsidiary as an uncontrolled subsidiary. Using just a web browser, you can start chatting with visitors and convert them into customers.Thanks to our cloud-based structure, you don’t have to install anything.By holding, i.e., owning all of the subsidiary’s voting stock, the parent has the power to elect and remove the entire board of directors.
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Courts are not likely to permit a litigant to “pierce the corporate veil” of a corporation and reach the assets of its parent shareholder, unless it is abundantly clear that the two corporations were indistinguishable as separate corporate entities and are operating as one corporation.
The parent corporation, by virtue of its voting control of the subsidiary, has the power to hold the subsidiary accountable for its performance.
In this way, the litigant may seek payment of an unfunded liability of one corporation from another corporation.
It must be noted, however, that a litigant pursuing an alter ego theory of liability has an uphill fight.