The subsidiaries of a holding company are separate legal entities,and one cannot force the bankruptcy of another.

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Subsidiaries of a holding company have their own legal status and therefore their own liabilities and debts. This means that if one subsidiary were to go bankrupt, it would not automatically cause the bankruptcy of the other subsidiaries or the holding company itself. Each subsidiary is responsible for its own financial standing and actions.

The Subsidiaries of a Holding Company Are Separate Legal Entities,and