Continue reading "Corporate Assets: Divisional divide"
Corporate Assets: Divisional divide
James Copson analyses the impact of Petrodel v Prest and the repercussions for family lawyers Rimer LJ made it clear that the husband helping himself to the companies’ assets did not alter the status of the companies as separate entities from the owner of their shares. The Court of Appeal decision in Petrodel v Prest …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Adams v Cape Industries plc [1990] Ch 433
- Hashem v Shayif [2008] EWHC 2380 (Fam)
- Hope v Krejci & ors [2012] EWHC 1780 (Fam)
- Nicholas v Nicholas [1984] FLR 285
- Petrodel Resources Ltd & ors v Prest & ors [2012] EWCA Civ 1395
- Prest v Prest [2011] EWHC 2956 (Fam)
- Salomon v A Salomon & Co Ltd [1896] UKHL 1
- Trustor AB v Smallbone (no 2) [2001] EWHC 703 (Ch)
- VTB Capital Plc v Nutritek International Corp [2012] EWCA Civ 808; [2013] UKSC 5