Under which of the following may a parent corporation be held liable under CERCLA for facilities ostensibly operated by a subsidiary?

Question

Quizplus · Accepted Answer

A parent corporation may be held liable under CERCLA as both an owner of a subsidiary whose corporate veil has been pierced and as an operator of the facility. This means that if the parent corporation directly participated in or exercised control over the subsidiary's management of the facility and/or the subsidiary is found to be a mere instrumentality or alter ego of the parent, the parent may be held directly liable for any environmental contamination caused by the subsidiary's facility.

Under Which of the Following May a Parent Corporation Be