Piercing The Corporate Veil Essays

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Most popular essay topics on Piercing the corporate veil prepared by our experts:

“Salomon is in the Shadow. it is Still Alive but no Longer Occupies the Centre of the Corporate Stage” (Schmitt Off, C.M., ‘Salomon in the Shadow’ [1976] JBL 305).

Critically evaluate, with reference to relevant case law and statute, how far this statement accurately reflects the current law relating to lifting the veil of incorporation. Introduction Salomon v Salomon[1] involved the principle of separate corporate personality. This states that as a general rule a limited company’s shareholders are not liable for the company’s debts […]

Pages: 10 Words: 2980 Topics: Business Law, Civil Law, Common Law, Government, Piercing The Corporate Veil, Virtue

Company Law and the Corporate Veil

Introduction As the day company is formed, it can be said that the company is “incorporated”. As the company uniqueness is that it provides for effective separation of resources and managements of its resources and it is further compounded on the fact that the owner of the capital can limit his or her liability to […]

Pages: 7 Words: 2023 Topics: Corporation, Piercing The Corporate Veil
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The Separation of Legal Personality

The fact of the Atlas Maritime Co SA v Avalon Maritime Ltd [1]is that Mr Richard Morrison is the director of Stewart Marine, a company which run ship brokers. He wants to buy a vessel which had some broken and the company appointed a technical consultant, Mr Melville Price which from Drake Maritime SA. Drake […]

Pages: 5 Words: 1373 Topics: Business Law, Common Law, Government, Justice, Piercing The Corporate Veil, Virtue

The Separate Legal Personalty and Piercing the Corporate Veil

BUSINESS LAW Types of Businesses A business refers to an organisation involved in the trade of goods, services, or both to consumers. Sole proprietorship is owned by one person and operates for profit. The individual has day-to-day responsibility for running the business however they can choose to operate singly or employ other people. The business […]

Pages: 4 Words: 1178 Topics: Business Law, Common Law, Corporation, Ownership, Partnership, Piercing The Corporate Veil
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