Can you still sue a company if it is in insolvent liquidation?
If you were injured by a company's product and they go into bankruptcy and as a result insolvent liquidations, is it possible for you to sue to company in order to receive compensation for damages? Also, if the company is a wholly-subsidiary, would it be possible to file a claim against the parent company? If I was able to prove that the parent company told its subsidiary to cut back on research and development on safety components, which caused injury to some individuals, would I be able to say that this would not fall under privity of contract and that the parent company owed a duty of care to the consumers of its subsidiary company. Please refer my to your sources. I would be very much obliged.
But the company is a subsidiary of a much larger company. The company gave orders to its subsidiary to cut back on research and development. More capital was required, but the directors of the company refuse to provide its subsidiary with any more capital and instead order the board of subsidiary to cut back on its research and development. Accordingly, the directors of subsidiary agreed to cut back on research into the safety features. However, it turned out to be unsafe due to a defect in the design and numerous accidents occur. How would it be possible to hold the parent company at fault?
Is Vicarious liability only for employment law?

