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Max Planck Encyclopedia of Public International Law [MPEPIL]

Corporations in International Law

Peter T Muchlinski

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 23 September 2019

Subject(s):
Nationality of corporations — Sustainable development — Customary international law — Soft law

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 The corporation is an entity that is legally separate from its members, which enjoys its own personality and can hold rights and obligations in its own name. In this, a corporation is distinct from a partnership where the members are jointly and severally liable for the acts of the partnership. The most corporate form is most widely used to establish and operate commercial enterprises. Indeed, the corporation of company law is the most common type of corporation, though the corporate entity is also found in other fields, for example, local government law where...
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