Corporate Personality: The Unjust Foundation of English Company Law
Kluwer Labor Law Journal. Vol. 65 Issue 2, pp. 94-103, Summer 2014
11 Pages Posted: 16 Aug 2015
Date Written: 2014
The foundations of company law are rooted in an unjust history cemented at the conclusion of the nineteenth century by the House of Lords in Salomon v. Salomon & Co., Ltd. Over a century after Salomon, courts remain reluctant to put limitations on corporate personality and are restricted to a narrow approach while systematically rejecting any wider approaches that may offer greater challenge to the corporate personality doctrine. This paper examines the motivations behind the decision in Salomon and its continued influence on legal development in company law.
Keywords: Salomon v Salomon, Lifting the Corporate Veil, Corporate Personality, Limited Liability
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