‘Liability for fraudulent trading requires proof of fraudulent intent’ [1986] Journal of Business Law 11, commenting that "while the parent-subsidiary relationship does not, as such, give rise to liability, cases may occur in which the parent, by its statements and conduct, is precluded from denying that it undertook such liability." United Kingdom insolvency case law High Court of Justice cases 1985 in case law 1985 in British law