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COMPANY: Papering over the corporate cracks

07 June 2013  

Paul Green examines recent case law on corporate liability

For over 110 years, it has been an established legal principle that the acts and omissions of a company are its own, and that such acts or omissions do not reflect on its shareholders or other companies in the same corporate group. This relationship has been used by companies for years as an engine for investment, allowing the effective management of risk, but recent events at the Court of Appeal may have skewed this following the case of Chandler v Cape plc [2012].

Additional Info

  • Case(s) Referenced:

    Chandler v Cape plc [2012] EWCA Civ 525