Continue reading "Fiduciary Duties: Rigour at all times"
Fiduciary Duties: Rigour at all times
Pennyfeathers underscores the stringency of directors’ duties and indicates when the court will lift the corporate veil to provide a remedy for breach. Nicholas Broomfield explains ‘Lord Sumption had affirmed a limited power of the court to pierce the corporate veil in circumstances where a party was abusing corporate personality to evade their obligations.’ The …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Attorney General for Hong Kong v Reid [1993] UKPC 36
- FHR European Ventures LLP v Mankarious & ors [2013] EWCA Civ 17; [2013] WTLR 631 CA
- Mothew (t/a Stapley & Co) v Bristol & West Building Society [1996] EWCA Civ 533
- Pennyfeathers Ltd & ors v Pennyfeathers Property Company Ltd & ors [2013] EWHC 3530 (Ch
- Phipps v Boardman [1964] 1 WLR 993; [1965] Ch 992; [1967] 2 AC 46
- Prest v Petrodel Resources Ltd & ors [2013] UKSC 34; [2013] WTLR 1249 SC
- Re Duomatic Ltd [1969] 2 Ch 365
- Regal (Hastings) Ltd v Gulliver [1942] UKHL 1
- Sharma v Sharma [2012] EWHC 2529 (Fam); [2014] WTLR 111
- Sinclair Investments (UK) Ltd v Versailles Trade Finance Ltd [2011] WTLR 839; [2011] EWCA Civ 347; [2011] WTLR 1043