Brookfield Office Properties Inc T.BPO.PR.A

Is BPY a "standalone" company? Wasn't it Privatized?

[CrazyTrader]

When BN owns basically 100% of the voting shares, is this not now basically part of BN?   

If I personally own 100% of a company CrazyTrader.INC......   Because CrazyTrader.INC is a corporation, does that shelter me personally from all liabilities of the corporation dispite me basically controlling it?    I can make CrazyTrader.INC do anything and I personally not held liable???

Same goes with BPO?  

All just my opinion/view/thinking/wondering about the "spirit" of the law if it still applies or if most like everything else, gone Crazy.

[Carena]

Hi again, "When BN owns basically 100% of the voting shares, is this not now basically part of BN?" BN does legally own 100% of BPY.  But it is a subsidiary they could technically let go bankrupt.  If it did, debtors would certainly try to pierce the corporate veil to no avail though. As you know, BPY has guaranteed the right side of BPO's balance sheet but BN has not