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Company Law - Corporate Veil Flashcards

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13445796284Which case regards the when there shouldn't be lifting of the corporate veil?Salomon v Salomon (1896)0
13445815439Which 2 cases support the findings of Salomon v Salomon?1. Macaura v Northern Assurance Co (1925) 2. Lee v Lee's Air Farming (1961)1
13445831176Which 2 cases define the idea that "wholly owned subsidiaries have separate legal personality"?1. Gramophone and Typewrite Co Ltd v Stanley (1908) 2. Lonrho v Shell (1980)2
13445863644Which 3 cases cover the "Attributing of traits to a corporation"?1. Lennard's Carrying Co v Asiatic Petroleum (1915) 2. R v ICR Haulage (1944) 3. DPP v Kent and Sussex (1944)3
13445877380Which 2 cases cover the "Directing Mind and Will"?1. Tesco Supermarkets v Nattrass (1972) 2. El Anjou v Dollar Land Holdings (1994)4
13445888782Which 2 cases outline when the corporate veil will be lifted?1. Creasey v Brechwood Motors (1993) 2. Ord v Belhaven Pubs Ltd (1998)5
13445898494Which case sets out the categories for lifting the veil?Adams v Cape Industries (1990)6
13445907038What are the 3 categories that justify lifting the veil?1. Interpretation of a statute or document (DHN Food Distribution Ltd v Tower Hamlets (1976)) 2. Where the company is being used as a sham/facade (Jones v Lipman (1962)) 3. Where there is the existence of an agent/principal relationship7
13445936907Which 3 cases govern tortious liability veil lifting?1. Williams v Natural Life (1998) 2. Standard Chartered Bank v Pakistan National Shipping (2003) 3. Lubbe v Cape Industries (2000)8

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