Corporate Veil in UK Law

  • Prest v Petrodel Resources Ltd
    • Supreme Court
    • 12 June 2013
    ... ... an affidavit sworn by Mr Jack Murphy, a director of PRL and the corporate secretary of the three respondent companies, who failed to attend for ... entitled him to reach the companies' assets by piercing the corporate veil. This was because the authorities showed that the separate legal ... ...
  • VTB Capital Plc v Nutritek International Corpn
    • Supreme Court
    • 06 February 2013
    ... ... Agreement and interest rate swap, on the basis that RAP's corporate veil could in the circumstances be pierced and the respondents held liable ... ...
  • Adams v Cape Industries Plc
    • Court of Appeal (Civil Division)
    • 27 July 1989
    ... ... 63 19. As to control over corporate activities: the corporate, as opposed to commercial, activities of NAAC ... owned company" in the section dealing with the "corporate veil argument". We shall consider contention (3) and the contentions that ... ...
  • VTB Capital Plc v Nutritek International Corporation
    • Court of Appeal (Civil Division)
    • 20 June 2012
    ... ... Mr Malofeev and the second and third defendants and other corporate entities involved, the claimants are in a position to bring home a ... VTB argues that the court should pierce the corporate veil of RAP so as to show that Marcap BVI, Marcap Moscow and Mr Malofeev are ... ...
  • D.H.N. Food Distributors Ltd v Tower Hamlets London Borough Council
    • Court of Appeal (Civil Division)
    • 04 March 1976
    ... ... they had an irrevocable licence; third, that we should lift the corporate veil and treat D.H.N, as the owners. And that, in one or other of these ... ...
  • Standard Chartered Bank v Pakistan National Shipping Corporation and Others
    • House of Lords
    • 06 November 2002
    ... ... in this case, where it has been held permissible to lift the corporate veil, e g where the company is a mere façE7ade, directors or employees ... ...
  • Wallersteiner v Moir
    • Court of Appeal (Civil Division)
    • 21 May 1974
    ... ... of Nassau, He must answer for the loss ... 105 11 THE CORPORATE VEIL ... 106 It is plain that Dr. Wallersteiner used many companies, ... ...
  • Stone and Rolls Ltd ((in Liquidation)) v Moore Stephens (A Firm)
    • House of Lords
    • 30 July 2009
    ... ... a claim that would confer direct or indirect benefits on the corporate vehicle, which was used to commit the fraud and was not the victim of it, ... What would seem to be involved would be a lifting of the veil of incorporation in order to ensure that shareholders who were complicit ... ...
  • Woolfson v Strathclyde Regional Council
    • House of Lords
    • 15 February 1978
    ... ... its subsidiaries in every respect, it was proper to pierce the corporate veil and treat the group as a single economic entity for the purpose of ... ...
  • Bilta (UK) Ltd (in Liquidation) v Nazir
    • Supreme Court
    • 22 April 2015
    ... ... law: authorising illegal action [2011] JBL 213 , Ferran, Corporate Attribution and Directing Mind and Will (2011) 127 LQR 239 , Watson, ... nor in the criminal context does this involve piercing the corporate veil. It is simply a recognition of the fact that the law treats a company as ... ...
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