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Legal Definitions - subsidiarie

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Definition of subsidiarie

Definition: Subsidiarie is a legal term used in Scots law, which means "subsidiarily".

Example: If a company goes bankrupt, its creditors may seek payment from its subsidiaries, but only subsidiarily, meaning that the subsidiaries are only liable for the debts if the parent company cannot pay them.

This example illustrates how the term "subsidiarie" is used in Scots law to describe the secondary or subsidiary liability of a company's subsidiaries.

A lawyer without books would be like a workman without tools.

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Simple Definition

Term: Subsidiarie

Definition: Subsidiarie is a legal term used in Scots law. It means that something is done in a secondary or supporting way.

I feel like I'm in a constant state of 'motion to compel' more sleep.

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A good lawyer knows the law; a great lawyer knows the judge.

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