The issued share capital of Campbell was 1,000 shares, of which 999 were held by Woolfson and one by his wife. Bronze had the same directors as D.H.N.

3 Woolfson v. Strathclyde Regional Council [1978] SLT 159, confirmed by the Court of Appeal in Adams v. Cape Industries Plc [1990] 2 WLR 657. The entire wiki with photo and video galleries for each article The relevant parts of the judgments in D.H.N. 53-61 St George's Road Glasgow Corporation . The latter was in complete control of the situation as respects anything which might affect its business, and there was no one but itself having any kind of interest or right as respects the assets of the subsidiary. 57 and 59/61 St. George's Road were owned by the first-named appellant Solomon Woolfson ("Woolfson") and Nos. (H.L.) It was argued, with reliance onD.H.N. and another, [1984]) .

53/55 St. George's Road. Tel: 0795 457 9992, or email david@swarb.co.uk, Darg v Commissioner Of Police for the Metropolis: QBD 31 Mar 2009, Prest v Petrodel Resources Ltd and Others, AA000772008 (Unreported): AIT 30 Jan 2009, AA071512008 (Unreported): AIT 23 Jan 2009, OA143672008 (Unreported): AIT 16 Apr 2009, IA160222008 (Unreported): AIT 19 Mar 2009, OA238162008 (Unreported): AIT 24 Feb 2009, OA146182008 (Unreported): AIT 21 Jan 2009, IA043412009 (Unreported): AIT 18 May 2009, IA062742008 (Unreported): AIT 25 Feb 2009, OA578572008 (Unreported): AIT 16 Jan 2009, IA114032008 (Unreported): AIT 19 May 2009, IA156022008 (Unreported): AIT 11 Dec 2008, IA087402008 (Unreported): AIT 12 Dec 2008, AA049472007 (Unreported): AIT 23 Apr 2009, IA107672007 (Unreported): AIT 25 Apr 2008, IA128362008 (Unreported): AIT 25 Nov 2008, IA047352008 (Unreported): AIT 19 Nov 2008, OA107472008 (Unreported): AIT 24 Nov 2008, VA419232007 (Unreported): AIT 13 Jun 2008, VA374952007 and VA375032007 and VA375012007 (Unreported): AIT 12 Mar 2008, IA184362007 (Unreported): AIT 19 Aug 2008, IA082582007 (Unreported): AIT 19 Mar 2008, IA079732008 (Unreported): AIT 12 Nov 2008, IA135202008 (Unreported): AIT 21 Oct 2008, AA044312008 (Unreported): AIT 29 Dec 2008, AA001492008 (Unreported): AIT 16 Oct 2008, AA026562008 (Unreported): AIT 19 Nov 2008, AA041232007 (Unreported): AIT 15 Dec 2008, IA023842006 (Unreported): AIT 12 Jun 2007, HX416262002 (Unreported): AIT 22 Jan 2008, IA086002006 (Unreported): AIT 28 Nov 2007, VA46401-2006 (Unreported): AIT 8 Oct 2007, AS037782004 (Unreported): AIT 14 Aug 2007, HX108922003 and Prom (Unreported): AIT 17 May 2007, IA048672006 (Unreported): AIT 14 May 2007. VTB Capital plc v Nutritek International Corp [2013] UKSC 5. It carried on no activities whatever. Any direct loss consequent on disturbance would fall upon Campbell, not Woolfson. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Food Distributors Ltd. v. Tower Hamlets London Borough Council[1976] 1 W.L.R.

Common law countries usually uphold this principle of separate personhood, but in exceptional situations may pierce or lift the corporate veil. Koalas are marsupials that are native to the Australian continent. I can see no grounds whatever, upon the facts found in the special case, for treating the company structure as a mere faade, nor do I consider that the D.H.N. The compulsory acquisition resulted in the extinction of the grocery business, since no suitable alternative premises could be found. In Woolfson v. Strathclyde Regional Council it was held that the veil could be pierced where special circumstances exist indicating that the company is a faade concealing the true facts. PDF Lifting, Piercing and Sidestepping the Corporate Veil Ord v Belhaven Pubs Ltd [1998 . Draft leases were at one time prepared, but they were never put into operation.

Prest v Petrodel Resources Ltd & ors [2013] WTLR 1249. wgci past radio personalities; auto sear jig legal In my opinion there is no basis consonant with principle upon which on the facts of this case the corporate veil can be pierced to the effect of holding Woolfson to be the true owner of Campbells business or of the assets of Solfred. Woolfson holds two-thirds only of the shares in Solfred and Solfred has no interest in Campbell.



In so far as Woolfson would suffer any loss, that loss would be suffered by virtue of his position as principal shareholder in Campbell not by virtue of his position as owner of the land. The whole of the shop premises was occupied by a company called M. & L. Campbell (Glasgow) Limited ("Campbell") and used by it for the purpose of its business as costumiers specialising in wedding garments. , August 2019, Journal of Law and Society Nbr. Food Distributors case (supra) is, on a proper analysis, of assistance to the appellants' argument. Continue with Recommended Cookies. [iv] Jones v. Lipman and Another (1962) 1 WLR 832 L. [v] D.H.N.food products Ltd. V. Tower Hamlets, LBC [1976] 1 WLR 852, [vi] Woolfson v Strathclyde Regional Council, [1978] SC (HL) 90, [vii] Adam v Cape Industries Plc, [1990] Ch 433, [viii] Woolfson v Strathclyde Regional Council, [1978] SC (HL) 90, [ix] Ord & Another v Belhaven Pubs Ltd, [1998] 2 BCLC 447, [x] Prest v Petrodel Resources Ltd and Others, [2013] UKSC 34, [xi]Gramophone and typewriter, Ltd v Stanley, [1908] 2 KB 89, Give it a try, you can unsubscribe anytime :), Get to know us better! The issued share capital of Campbell was 1,000 shares, of which 999 were held by Woolfson and one by his wife. Woolfson v Strathclyde Regional Council . Click here to start building your own bibliography. Petrodel Resources Ltd (PRL), which was incorporated in the Isle of Man, was the legal owner of the matrimonial home and five other residential properties in the United Kingdom. But opting out of some of these cookies may have an effect on your browsing experience. But the shop itself, though all on one floor, was composed of different units of property. Food Distributors Ltd. v. Tower Hamlets London Borough Council [1976] 1 W.L.R. Woolfson was the sole director of 'A' and owned 999 shares of the 1,000 issued shares of company 'A', the remaining share being owned by his wife. The business in the shop was run by a company called Campbell Ltd. This website uses cookies to improve your experience while you navigate through the website.

The business in the shop was run by a company called Campbell Ltd. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. that in the circumstances Bronze held the legal title to the premises in trust for D.H.N., which also sufficed to entitle D.H.N. Woolfson v Strathclyde Regional Council UKHL 5 is a UK company law case concerning piercing the corporate veil. I agree with it and with his conclusion that this appeal be dismissed. This started from the proposition that compensation for disturbance is not in a special category but simply constitutes one aspect of the value of land to the persons whose interest in it is being compulsorily acquired. It is unnecessary for me to rehearse them in detail, and it will suffice to mention those that are particularly material. Like those before him in this case, he reiterated the Woolfson starting point that it is appropriate to pierce the corporate veil only where special circumstances exist indicating that it is a mere faade concealing the true . 12 89 Ord v Belhaven Pubs Ltd [1998] BCC 607, CA 90 Woolfson v. Strathclyde Regional . that the group was entitled to compensation for disturbance as owners of the business. This website uses cookies to improve your experience. No. Therefore, English courts have shown a strong determination not to embark on any development of a group enterprise law. Appellate Committee of the House of Lords. The position there was that compensation for disturbance was claimed by a group of three limited companies associated in a wholesale grocery business.

Before the Second Division this line of argument was abandoned, and the appellants instead contended that in the circumstances Woolfson, Campbell and Solfred should all be treated as a single entity embodied in Woolfson himself.

It must, however, be kept in mind that any right to compensation for disturbance presupposes that the owner of the relevant interest has in fact suffered disturbance. was in a position to control 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 awarding compensation for disturbance; (2) that if the companies were to be treated as separate entities, there was by necessary implication from the circumstances an agreement between D.H.N. During the First World War, the English company commenced action for recovery of a trade debt. Sham companies. UK legal case. Woolfson v Strathclyde Regional Council (1978) where he described this exception as 'the principle that it is appro-priate to pierce the corporate veil only where special circumstances exist indicating that it is a mere facade concealing the . The issued share capital of Campbell was 1,000 shares, of which 999 were held by Woolfson and one by his wife. Woolfson v Strathclyde Regional Council (1978): .

Woolfson v Strathclyde Regional Council [1978] UKHL 5. But the shop itself, though all on one floor, was composed of different units of property. Woolfson v Strathclyde Regional Council [1978] UKHL 5 is a UK company law case concerning piercing the corporate veil.

A critical analysis on Prest v Petrodel Resources Ltd and Others, Lord Wilberforce,Lord Fraser of Tullybelton,Lord Russell of Killowen,Lord Keith of Kinkel, Journal of Corporate Commercial Law & Practice Nbr. I have had the advantage of reading in draft the speech to be delivered by my noble and learned friend Lord Keith of Kinkel.
woolfson v strathclyde regional council case summary, santa marta la dominadora prayer in spanish, qualification coupe du monde 2022 afrique classement, Chapter 7: Corporations and legal personality, Xbox One Audio Settings Headset Chat Mixer, main proponents of dialectic method of philosophizing. Court case. The House of Lords made it very clear in Salomon v Salomon, that the company is not the shareholders agent by reason of the fact of incorporation. the separate personality of a company is a real thing. a sufficient interest in the land to found a claim to compensation for disturbance and (3) (per Goff and Shaw LL.J.) I agree with it, and for the reasons he gives would dismiss the appeal. Woolfson v Strathclyde Regional Council [1978] UKHL 5 is a UK company law case concerning piercing the corporate veil. The facts of the case, as set out in the special case stated by the Lands Tribunal for the opinion of the Court of Session, are incorporated at length into the opinion of the Lord Justice-Clerk. Woolfson v. Strathclyde Regional Council, [1978] S.C. 90 (H.L.

Here, on the other hand, the company that carried on the business, Campbell, has no sort of control whatever over the owners of the land, Solfred and Woolfson. Food Distributorscase (supra) is, on a proper analysis, of assistance to the appellants argument. Facts A bridal clothing shop at 53-61 St George's Road was compulsorily purchasedby the Glasgow Corporation. Here the three subsidiary companies were treated as a part of the same economic entity or group and were entitled to compensation. Woolfson v Strathclyde Regional Council[viii] that the House of Lords considered that there is one circumstance in which the corporate veil can pierce, namely when there is one circumstance in which the corporate veil can be pierced, namely when there are special circumstances indicating a faade concealing the true facts. Copyright 2017 Netdesign Group Co.,Ltd. Woolfson also owned 20 of the 30 issued shares of company 'B', with the other 10 being owned by his wife. But the shop itself, though all on one floor, was composed of different units of property. Company Constitution What is the purpose of the memorandum of association .

[i] Daimler Company, Limited Appellants v Continental Tyre and Rubber Company (Great Britain) HL [1916] 2 AC 307, [ii] In re FG (films) Ltd, [1953] 1 WLR 483, [iii] Gilford Motor Co. Ltd. V. Home, (1933) Ch. 57 St. George's Road. Find something interesting to watch in seconds. that the group was entitled to compensation for disturbance as owners of the business.

The business in the shop was run by a company called Campbell Ltd. What people are saying - Write a review. The business in the shop was run by a company called Campbell Ltd. to compensation for disturbance. Of Landmark or Leading Cases: Salomon's Challenge. (H.L.)

Lords Wilberforce, Fraser and Russell and Dundy concurred. The veil will be lifted only where 'special circumstances exist indicating that it is a mere facade concealing the true facts': Woolfson v Strathclyde Regional Council (1978) Gilford Motor Co Ltd v Horne (1933) The issued share capital of Campbell was 1,000 shares, of which 999 were held by Woolfson and one by his wife.

Woolfson v Strathclyde RC [1978] UKHL 5 (15 February 1978) admin March 8, 2020 INTERNATIONAL / U.K. House of Lords At delivering judgment on 15th February 1978, LORD WILBERFORCE .My Lords, I have had the advantage of reading in draft the speech to be delivered by my noble and learned friend Lord Keith of Kinkel. Lord Keith observed that it is appropriate to pierce the corporate veil only where special circumstances exist indicating that it is a mere facade concealing the true facts. Where the evidence shows that a company has been used as a vehicle or device for receiving monies wrongly paid out of a claimant company in breach of a defendants duty to that company, the receipt by the third party vehicle will be treated as the receipt by the defendant. Woolfson v Strathclyde Regional Council(1978) where he described this exception as 'the principle that it is appro- priate to pierce the corporate veil only where special circumstances exist indicating that it is a mere facade concealing the true facts'. There are certain cases which involve attempts to use the corporate form to avoid existing legal obligations to which the defendants were subject. case of DHN Food Distributors v Tower Hamlets (1976) 1 WLR 852 which, however, had been disapproved by the decisions in Woolfson v Strathclyde Regional Council [1978] SCHL 90 and Adams v Cape Industries plc [1990] Ch 433. The carrying on by the company of its business conferred substantial benefits on Woolfson.

Note that since this case was based in Scotland, different law applied.

Campbell was throughout shown in the valuation roll as occupier of the shop premises, but its occupation was not regulated by lease or any other kind of formal arrangement. Applied - Woolfson v Strathclyde Regional Council HL 15-Feb-1978 The House considered the compensation payable on the compulsory purchase of land occupied by the appellant, but held under a company name. Food Distributorscase (supra) was distinguishable. . From 1962 till 1968 Campbell paid rent to Solfred in respect of Nos. 40 Nbr. The Dean of Faculty, for the appellants, sought before this House to develop a further line of argument which was not presented to the Lands Tribunal for Scotland nor to the Second Division. You can use it as an example when writing your own essay or use it as a source, but you need But the shop itself, though all on one floor . WOOLFSON V. STRATHCLYDE REGIONAL COUNCIL 521 Woolfson and Another v. Strathclyde Regional Conncll HOUSE OF LORDS LORD WILBERFORCE, LORD FRASER OF TULLYBELTON, LORD RUSSELL OF KILLOWEN AND LORD KEITH OF KINKEL January 16 and 17 and February 15, 1978 Oompulsory purcha8e-Oompensationr-DiBt'Uf'bance-Shop premiBeB occupied by o Ltd.-U8ed by 0 Ltd. Jor purp08es oj its busine8a-Part oj premises owned . LORD FRASER OF TULLYBELTON.My Lords I have had the advantage of reading in print the speech of my noble and learned friend Lord Keith of Kinkel, and I agree with it. 59/61 St Georges Road were credited to Woolfson in Campbells Road. In my opinion there is no basis consonant with principle upon which on the facts of this case the corporate veil can be pierced to the effect of holding Woolfson to be the true owner of Campbell's business or of the assets of Solfred. portugal vs italy world cup qualifiers 2022. la liga 2012 13 standings. Counsel: James R. Kitsul, for the appellant; Sarah Macdonald, for the respondent.

(155) Ibid 561-2, 564.

In the case of D.H.N. The business in the shop was run by a company called Campbell Ltd. I agree with it and with his conclusion that this appeal be dismissed. 33 (4) [para. The compulsory acquisition resulted in the extinction of the grocery business, since no suitable alternative premises could be found. William Buick Wife, Woolfson was sole director of Campbell and he managed the business, being paid a salary which was taxed under Schedule E.8 His wife also worked for Campbell and provided valuable expertise. 22Woolfson v Strathclyde Regional Council. A bridal clothing shop at 53-61 St George's Road was compulsorily purchased by the Glasgow Corporation. 40, which were founded on by Goff L.J. The whole of the shop premises was occupied by a company called M. & L. Campbell (Glasgow) Limited (Campbell) and used by it for the purpose of its business as costumiers specialising in wedding garments. 59/61 St. George's Road were credited to Woolfson in Campbell's books. They had twenty and ten shares respectively in Solfred Ltd. Mr Woolfson and Solfred Ltd claimed compensation together for loss of business after the compulsory purchase, arguing that this situation was analogous to the case of DHN v Tower Hamlets LBC.

inTunstall v. Steigmann[1962] 2 Q.B. In the recent case Prest v Petrodel Resources Ltd[x], it was held that evasion is piercing. 2, January 2017, Dundee Student Law Review Nbr. This followed the refusal by the court to allow Campbell and Mrs Woolfson to be joined as additional claimants in the proceedings.

Moreover, the House of Lords indicated that the decision in DHN Food Distributors was incorrect. Jones v. Lipman and Another[iv], L Agreed to sell certain land to J. Furthermore, Woolfson v. Strathclyde Regional Council [12] insisted on the application of the rule in special circumstances alone and where the motive is well established. Mr Woolfson had 999 shares in Campbell Ltd and his wife the other. [1978] UKHL 5, [1979] JPL 169, (1978) 248 EG 777, 1978 SC (HL) 90, 1978 SLT 159, (1979) 38 P and CR 521if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'swarb_co_uk-medrectangle-4','ezslot_2',113,'0','0'])};__ez_fad_position('div-gpt-ad-swarb_co_uk-medrectangle-4-0'); Applied Adams v Cape Industries plc CA 2-Jan-1990 Proper Use of Corporate Entity to Protect Owner The defendant was an English company and head of a group engaged in mining asbestos in South Africa.

Woolfson v. Strathclyde Regional Council (1978) SC 90 . Dr Wallersteiner had bought a company . In my opinion the conclusion was correct, and I regard as unimpeachable the process of reasoning by which it was reached. Here, on the other hand, the company that carried on the business, Campbell, has no sort of control whatever over the owners of the land, Solfred and Woolfson. DHN Food Distributors Ltd v Tower Hamlets London Borough Council, Lord Keith, Lord Wilberforce, Lord Fraser and Lord Russell.

I have had the advantage of reading in draft the speech to be delivered by my noble and learned friend Lord Keith of Kinkel. 59/61 St. George's Road were credited to Woolfson in Campbell's books.

IMPORTANT:This site reports and summarizes cases. 90 (15 February 1978) Links to this case Content referring to this case We are experiencing technical difficulties.

The company was described in this judgment as a device, a stratagem, and as a mere cloak or sham for the purpose of enabling the defendant to commit a breach of his covenant against solicitation. Updated: 07 December 2022; Ref: scu.279742. An alternative to lists of cases, the Precedent Map makes it easier to establish which ones may be of most relevance to your research and prioritise further reading.

Statutes Noticed: Expropriation Act, R.S.B.C. Michael Prest (husband) and Yasmin Prest (wife) were married for 15 years and had four children before the wife petitioned for divorce in March 2008. UK legal case. 2427356 VAT 321572722, Registered address: 188 Fleet Street, London, EC4A 2AG. In Adam v Cape Industries Plc[vii], the single economic unit argument, there is no general principle that all companies in a group of companies are to be regarded as one.

The DHN case approach has become less popular since then.

Woolfson v Strathclyde Regional Council [1978] UKHL 5 is a UK company law case concerning piercing the corporate veil. This was supported by a copious citation of authority, but I do not consider the proposition as such to be in any doubt. For the reasons stated in it, I also would dismiss this appeal. Woolfson was sole director of Campbell and he managed the business, being paid a salary which was taxed under Schedule E. His wife also worked for Campbell and provided valuable expertise.
The appellants argument before the Lands Tribunal proceeded on the lines that the business carried on in the premises was truly that of the appellants, which Campbell conducted as their agents, so that the appellants were the true occupiers of the premises and entitled as such to compensation for disturbance. The leading case is Cape Industries. 877, considered. He formed a company to carry on a business which, if he had done so personally, would have been a breach of the covenant.

Woolfson v Strathclyde Regional Council[1978] UKHL 5is a UK company lawcase concerning piercing the corporate veil. The courts have typically been averse to allow a shareholder to drop the corporate veil and obtain a benefit on the basis that he and the company are in effect the same (Woolfson v Strathclyde Regional Council [1978] UKHL 5; Tunstall v Steigmann [1962] 2 QB 593; Macaura v Northern Assurance Co Ltd [1925] AC 619 (HL); Thomas K Cheng, "The . Woolfson v Strathclyde RC 1978 S.C.

5 Woolfson v Strathclyde Regional Council [1978] SC (HL) 90. A bridal clothing shop at 53-61 St George's Road was compulsorily purchased by the Glasgow Corporation. Held: The House declined to allow the principal shareholder of a company to recover compensation for the . facts (impropriety)21 can the veil be pierced according to Woolfson v Strathclyde Regional Council.22 In Gencor ACP Ltd v Dalby (Gencor)23 and Trustor AB v Smallbone (No.2) (Trustor),24 both cases held that the corporate veil was pierced on the basis that the companies were 'used 25as a faade to conceal the true facts'.



Note that since this case was based in Scotland, different law applied. and dogs Im a perfectionist too, Lord Keith, Lord Wilberforce, Lord Fraser and Lord Russell, DHN Food Distributors Ltd v Tower Hamlets LBC, Ord v Belhaven Pubs Ltd, Jones v Lipman, Woolfson v Strathclyde Regional Council Wikipedia, DHN Food Distributors Ltd v Tower Hamlets LBC, Case Law Company single economic entity Woolfson v Strathclyde Regional Council 1978. Subscribers are able to see any amendments made to the case.

This case is jurisdiction for the legal principle that an incorporated company is a separate legal entity from its directors and principal shareholders. There are certain cases which involve attempts to use the corporate form to avoid existing legal obligations to which the defendants were subject. The activities of subsidiary companies are an integral part of the activities of the group of companies to which they belong. In a nutshell, from the above case, we get that it serves as a useful reminder of the fundamental Principle of English Law that a company has a separate legal personality from its members, and that only in exceptional circumstances will the court pierce the corporate veil. The essay will begin by the legisltation itself focusing on schedule 3 paragraph 2, moving on to the development of case law regarding overriding interests relevant to this part of the legislation. 2023 Legalease Ltd. All rights reserved, Registered company in England & Wales No.

Woolfson v Strathclyde Regional Council (1978): This was similar to DHN v Tower Hamlets. 33 (3), sect.

From 1962 till 1968 Campbell paid rent to Solfred in respect of Nos. In the above-mentioned case, the Court of appeal thought that the present case was one which was suitable for lifting the corporate veil. All rights reserved. 433, Yukong Line Ltd v Rendsburg Investments Corporation of Liberia [1998] 1 WLR 294, Ord v Belhaven Pubs Ltd [1998] BCC . 17 Adams v Cape Industries plc [1990] Ch 433 at 543 which has been cited with The Land Tribunal denied it on the basis that Campbell Ltd was the sole occupier. reasons for lifting the veil of incorporation circumstances when the veil is lifted are haphazard and difficult to categorize. Advanced A.I. Their scientific name, Phascolarctos cinereus, is derived from several Greek words meaning pouch bear (phaskolos arktos) and having an ashen appearance (cinereus). Subnautica Vr Controls, WOOLFSON v. REGIONAL COUNCIL Compulsory purchase Compensation Compensation for disturbance "Occupier" of acquired premises Occupier a trading However, in Woolfson v.Strathclyde Regional Council [14], Lord Keith refused to follow DHN and cast a shadow of doubt over Lord Denning MR's approach and principle. Lord Keith's judgment dealt with DHN as follows. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website.

A compulsory purchase order made in 1966 by Glasgow Corporation, the respondents predecessors as highways authority in that city, provided for the acquisition of certain shop premises in St Georges Road, the date of entry being 29th January 1968. Im a simple gal who loves adventure, nature President of the Council and Minister of Justice Lon Bourgeois - Minister of Foreign Affairs Eugne tienne - Minister of War Georges Clemenceau - Minister of . Woolfson v Strathclyde Regional Council: HL 15 Feb 1978 - swarb.co.uk Woolfson v Strathclyde Regional Council: HL 15 Feb 1978 The House considered the compensation payable on the compulsory purchase of land occupied by the appellant, but held under a company name. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. (H.L.) J.) 21Ben Hashem v Shayif [2008] EWHC 2380 (Fam) [159] - [164]. imported from Wikimedia project.

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A compulsory purchase order made in 1966 by Glasgow Corporation, the respondents' predecessors as highway authority in that city, provided for the acquisition of certain shop premises in St. George's Road, the date of entry being 29th January 1968. All E.R. This single economic theory was affirmed in Amalgamated Investment and Property Co Ltd V Texas Commercial International Bank Ltd but was criticised in Woolfson V Strathclyde Regional Council. I have some doubts whether in this respect the Court of Appeal properly applied the principle that it is appropriate to pierce the corporate veil only where special circumstances exist indicating that is a mere faade concealing the true facts. Statements. Usually, a corporation is treated as a separate legal person, which is solely responsible for the debts it incurs and the sole beneficiary of the credit it is owed.

Mr Woolfson had 999 shares in Campbell Ltd and his wife the other. What approach did the Court of Appeal take in Adams v Cape Industries plc [1990] Ch 433?

The position there was that compensation for disturbance was claimed by a group of three limited companies associated in a wholesale grocery business. 53/55 St. George's Road. Lists of cited by and citing cases may be incomplete.

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