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Re: tommyk2 post# 11350

Friday, 04/23/2010 2:54:22 PM

Friday, April 23, 2010 2:54:22 PM

Post# of 30118
Subsidiaries

Subsidiaries make for a useful business entity. For one, they can help to insulate the parent company from certain liability issues. I don't know which company owns Corvel, but it wouldn't surprise me if Monarch does. Most likely, though, the ship's being leased, either for a specific purpose/event or for a defined length of time.