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Business Organizations Keyed to Smith
Blair v. Infineon Techs, AG
Citation:
720 F.Supp.2d 462Facts
Infineon Technologies, AG formed Qimonda AG. Infineon maintained 77.5 percent of Qimonda’s stock, selected three of its own corporate officers as board members with Qimonda, and claimed the company and other subsidiaries as the “Infineon Group” on financial statements. The two company’s shared operations and other corporate functions. When Qimonda began to falter, several employees were laid off at the direction of Infineon Technologies AG. Several employees were offered severance packages and paid expenses for relocation, but the company allegedly did not follow through on these promises. Blair, one such former employee, filed suit against Infineon and Qimonda AG for alleged violations of state and federal employment laws. Infineon claimed it was not liable based on its role as a mere parent company of Qimonda.
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