The road to Prest v Petrodel: an analysis of the UK judicial approach to The Corporate Veil - part 1

Watkins, Los ORCID logoORCID: https://orcid.org/0000-0003-2024-1242 and Nsubuga, Hamiisi Junior ORCID logoORCID: https://orcid.org/0000-0001-6902-3575 (2020) The road to Prest v Petrodel: an analysis of the UK judicial approach to The Corporate Veil - part 1. International company and commercial law review, 31 (10) . pp. 547-588. ISSN 0958-5214 [Article]

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Abstract

This article examines the common law approach to the doctrine of separate legal personality in UK Corporate Law, its origin, development and the challenges encountered by judges in the interpretation and application of this doctrine. The article also analyses the grounds/circumstances upon which this doctrine may be disregarded by the judges to ‘lift/pierce’ the corporate veil. The article then analyses the judicial interpretative approaches to dichotomies and metaphors, such as ‘concealment/evasion’ and ‘shame/façade’ et cetera. The conclusion explores whether the UKSC decision in Prest v Petrodel Resources Ltd has, indeed, provided much needed clarity in the common law approach to the corporate veil.

Item Type: Article
Research Areas: A. > School of Law
Item ID: 30794
Notes on copyright: This is a pre-copyedited, author-produced version of an article accepted for publication in International company and commercial law review following peer review. The definitive published version Los Watkins and Hamiisi Junior Nsubuga, I.C.C.L.R. 2020, 31(10), 547-558 is available online on Westlaw UK. An Attribution-NonCommercial CC BY-NC use license applies to this manuscript version.
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Depositing User: Hamiisi Junior Nsubuga
Date Deposited: 05 Aug 2020 12:04
Last Modified: 09 Jun 2022 06:20
URI: https://eprints.mdx.ac.uk/id/eprint/30794

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