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LIFTING, PIERCING AND SIDESTEPPING THE CORPORATE VEIL

LIFTING, PIERCING AND SIDESTEPPING THE CORPORATE VEIL

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Salomon v A Salomon and Co Ltd [1897] AC 22, where the legal separation between a company and its shareholders was established. In the view of Lord Halsbury LC, a limited company was to be viewed “like any other independent person with its rights and liabilities appropriate to itself”.

  Limited, Company, Limited company, Salomons, A salomon

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