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Macaura v Northern Assurance Co Ltd [1925] AC 619 appeared before the House of Lords concerning the principle of lifting the corporate veil. Unusually, the request to do so was in this case made by the corporation's owner.
Dr Wallersteiner had bought a company called Hartley Baird Ltd using money from the company itself, in contravention of the prohibitions on financial assistance (under Companies Act 1948 s 54 and 190). He had got 80% of the company. Mr Moir was one of the 20% remainder shareholders.
The company built a new head office at 3-7 King William Street, erected in 1915, [5] on a design by John Macvicar Anderson and his son Henry Lennox Anderson. [6] It was known as Phoenix House while the seat of the company from 1915 to 1983; the name later went to another building at No. 18 in the same street. [7]
The 1990 accounts (the first on line at Companies House) showed premium income of £3.5 billion but a £121 million pre-tax loss in 1990. After three years of losses, General Accident bounced back to record profits in 1993. This was followed by the purchase of the life assurance company, Provident Mutual in 1996. [4] [3]
The company later acquired control of Brandis & Sons, Inc., in 1922, and Pioneer was later acquired by the Bendix Aviation Corporation in 1928. [4] [failed verification] As the United States was entering World War II, the company became the Pioneer Instrument Division of Bendix Aviation, and moved to New Jersey.
A historic north Fort Worth home designated as a landmark was heavily damaged due to a fire, the Fort Worth Fire Department said in a social media post Wednesday.. At around 10:45 p.m. Tuesday ...
Insurance Company of North America (INA) is the oldest capital stock insurance company in the United States, [2] founded in Philadelphia in 1792. It was one of the largest American insurance companies of the 19th and 20th centuries before merging with Connecticut General Life to form CIGNA in 1982, and was acquired by global insurer ACE Limited (currently Chubb Limited) [3] in 1999.
A more than 100-year-old Wichita company has filed for Chapter 11 bankruptcy to restructure the business and potentially bring in new partners. Amid bankruptcy filing, Pioneer Balloon owners find ...