Single Economic Entity in UK Law

  • (Non‐)Enforcement of Directors’ Duties in Corporate Groups: Goh Chan Peng v Beyonics Technology Ltd
    • No. 81-4, July 2018
    • The Modern Law Review
    Corporate groups, a ubiquitous feature of modern business, pose formidable challenges for common law courts relying on traditional corporate law doctrine. Arising out of a corporate group's recent ...
    ... ... raised thorny issues of separate legal entity doctrine, single economic unit theory, and ... ...
  • The doctrine of piercing the corporate veil: Its legal and judicial recognition in Ethiopia
    • No. 6-1, June 2012
    • Mizan Law Review
    • Endalew Lijalem Enyew
    • LL.B (Hawassa University), LL.M (Addis Ababa University)
    • 77-114
    Upon acquisition of legal personality a company enjoys certain attributes such as limited liability. While the separate legal personality of a company enables it to enjoy rights and assume obligati...
    ... ... wrongs caused through the use of the legal entity. This process is known as piercing or lifting the ... opportunities, the nation’s economic and financial growth, stability and ... That is, there is no single uniform standard for deciding and justifying veil ... ...
  • The future of Africa is now! The critical role of capacity development
    • No. 8-2/3, October 2011
    • World Journal of Science, Technology and Sustainable Development
    • 137-152
    African countries experienced severe macroeconomic shocks in the 1980’s, which put them on a reform path that has generated resilience visible in their ability to recover and even grow from the fis...
    ... ... and even grow from the fiscal and economic crises of 2008-2009. Critical to the success of ... Building Foundation (ACBF) is the single most important entity that was created to ... ...
  • Financial analysis: Francis Braganza explains how to prepare a cash flow statement, using November 2005's question as an example, with dates advanced two years.
    • No. 2007, December - September 2007
    • Financial Management (UK)
    • Braganza, Francis
    • Study notes: PAPER P8
    ... ... the underlying liquidity of a reporting entity can be revealed in accounting terms. Profit is ... information of the group as if it were a single economic entity--is based on the key principle ... ...
  • Corporate Knowledge: Identification or Attribution?
    • No. 59-5, September 1996
    • The Modern Law Review
    ... ... when viewed from the larger economic perspective. Other systems allow similar ... recognition of the company as an entity for all purposes). Lord Hoffmann’s vision ... company and its subsidiary were a single economic entity. 32 Which is the approach ... ...
  • Case C-882/19 Sumal SL v. Mercedes Benz Trucks España SL
    • No. 29-4, August 2022
    • Maastricht Journal of European and Comparative Law
    ... ... ,1having regard in particular to the economic, organizational and legal linksbetween those two ... form asingle economic unit and therefore a single undertaking; this enables the Commission to ... mentions the ‘undertaking’asthe entity that is liable to pay damages.6The Court of ... ...
  • Case C-882/19 Sumal SL v. Mercedes Benz Trucks España SL
    • No. 29-4, August 2022
    • Maastricht Journal of European and Comparative Law
    ... ... ,1having regard in particular to the economic, organizational and legal linksbetween those two ... form asingle economic unit and therefore a single undertaking; this enables the Commission to ... mentions the ‘undertaking’asthe entity that is liable to pay damages.6The Court of ... ...
  • The Gulf Co-operation Council
    • No. 41-2, June 1986
    • International Journal
    ... ... introduced a vigorous programme of economic and socialreform. Supporting the thesis that ... This single case, however, should not obscure the gen-eral ... and eventually intoa single economic entity. Ideally, industrialization and ... ...
  • Ascription of Legal Responsibility to Groups in Complex Patterns of Economic Integration
    • No. 53-6, November 1990
    • The Modern Law Review
    ... ... functions by the recognition of a legal person or entity as a representative of the group, and then by the doctrines ... group responsibility is contingent upon the recognition of a single legal personality for the group. This is possible where the ... ...
  • The Case for Eco-Liability: Post Okpabi Justifications for the Imposition of Liability on Parent Companies for Damage caused to the Environment by their Subsidiaries
    • No. 7-1, November 2021
    • LSE Law Review
    • Eoin Jackson
    • LLB (Trinity College, Dublin), '23. Managing Editor for Trinity College Law Review
    • 61-85
    This article seeks to argue for the imposition of liability onto parent companies for the damage to the environment caused by their subsidiaries. 'Eco-liability' will be suggested to be an appropri...
    ... ... Treating the parent company as a single economic entity, which would equate to liability ... ...
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