rule does not apply, however, in the context of a wholly-owned corporation. The directors and officers of a wholly-owned corporation owe fiduciary duties both to the corporation itself and to the parent. See Anadarko Petroleum Corp. v. Panhandle E. Corp., 545 A.2d 1171, 1174 (Del.1988) (“[I]n a parent and wholly-owned subsidiary context, the directors of the subsidiary are obligated only to manage the affairs of the subsidiary in the best interests of the parent and its shareholders.”); Williams v. McGreevey (In re Touch Am. Holdings, Inc.), 401 B.R. 107, 129 (Bankr.Del.2009) (“[T]he directors of a wholly-owned subsidiary owe fiduciary duties to both the subsidiary and to the sole shareholder, the parent corporation.”); VFB LLC v. Campbell Soup Co., 482 F.3d 624, 635 (3d Cir.2007) (<HOLDING>). The imposition on the officers and directors
holding that claims of corporation vest in corporation holding that independent directors can be entrusted with the decision to sue other directors on behalf of the corporation holding that courts should not substitute their judgment for that of the directors of a corporation  holding that directors of a whollyowned corporation could consider the interests of the parent company as well as the interests of their corporation because there was only one substantive interest to be protected holding that parent corporation and whollyowned subsidiary are legally incapable of conspiring with each other