The Essence of Subsidiary Liability in a Case of Insolvency (Bankruptcy)

<jats:p>This article explores the nature of subsidiary liability in insolvency (bankruptcy) cases. The author presents various scholarly positions regarding the legal nature of subsidiary liability. The author concludes that it contains elements of a tort. The author also identifies the features of this type of legal liability, which are unique to subsidiary liability in insolvency (bankruptcy) cases.</jats:p>