Continue reading "Company: De-Prest – corporate veil remains securely drawn"
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Company: De-Prest – corporate veil remains securely drawn
Alex Fox and Clare Arthurs consider the implications of the Prest decision ‘Lord Sumption criticised the ‘indiscriminate’ use of the expression ‘piercing the corporate veil’ to describe a number of different things. Correctly used, it means disregarding the separate personality of the company.’ The Supreme Court has recently handed down its much-anticipated judgment in the …