COVID-19 is forcing companies to make tough business decisions. But they cannot declare moral bankruptcy and expect to emerge unscathed from the pandemic. By reflexively triggering force majeure clauses to halt payments to suppliers with vulnerable workers, including for orders already processed, companies risk losing their social license to operate.

When Workers Pierce the Corporate Veil: Brazil’s Forgotten Innovation
Ask any corporate law scholar about the origins of corporate group law, and you’ll likely hear about Germany. The German Konzernrecht, codified in 1965, is celebrated as the pioneering framework for …