Search results
Results From The WOW.Com Content Network
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.
Wallersteiner v Moir [1974] 1 WLR 991 is a UK company law case concerning piercing the corporate veil. This case was followed by a connected decision, Wallersteiner v Moir (No 2) , [ 1 ] that concerned the principles behind a derivative claim .
Sir Andrew Morritt VC held that there was enough evidence to lift the veil on the basis that it was a "mere facade". He noted the tension between Adams v Cape Industries plc and later cases and stated that impropriety is not enough to pierce the veil, but the court is entitled to do so where a company is used ‘as a device or façade to conceal the true facts and the liability of the ...
Re Darby, ex parte Brougham [1911] 1 KB 95 is a UK company law case concerning piercing the corporate veil. It is a clear example of the courts ignoring the veil of incorporation where a company is used to conceal a fraudulent operation.
Fort Smith Smelter Company v. Clear Creek Oil and Gas Company: 231 (1925) Holmes none none Ark. affirmed A.B. Small Company v. American Sugar Refining Company: 233 (1925) VanDevanter none none S.D. Ga. affirmed A.B. Small Company v. Lamborn and Company: 248 (1925) VanDevanter none none S.D. Ga. affirmed Browne v. Union Pacific Railroad Company ...
The company's assets expanded to $2 million in 1892 and $17M in 1914. [4] and over £5m by 1924. [11] The Union acquired China Traders Insurance Co. in 1906, the China Fire Insurance co. in 1916 and the Yangtze Insurance Association in 1925. [9] By 1920 the Union was the largest marine insurance company in the world. [12]
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 ...
In the post-war period General Accident acquired several new subsidiaries including the Yorkshire Insurance Company in 1967, despite a higher bid from Phoenix Assurance. By 1975 assets reached £1 billion and by the early 1980s assets were over £3 billion; total premium income was in excess of £1.5 billion, a third of which came from the US ...