Salomon v A Salomon & Co Ltd [1896] UKHL 1 – Page 2

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 …

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Commercial: To pierce or not to pierce? The Court of Appeal protects the corporate veil

Clare Arthurs assesses a recent challenge to corporate protection VTB’s original case was pleaded in deceit and unlawful means conspiracy. The judge overturned the permission VTB had obtained (ex parte) to serve proceedings out of the jurisdiction. The expression ‘Piercing the corporate veil’ is a neat turn of phrase, but what does it actually mean? …

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Case Report: Chandler v Cape plc [2011] EWHC 951 (QB)

Liability of parent company; duty of care; asbestosis ‘The court had “little doubt that the defendant exercised control over some of the activities of CBP from the time that it came into existence and through the period during which the Claimant was one of its employees”.’ To what extent can a parent company be responsible …

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