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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.
Commercial law (or business law), [1] which is also known by other names such as mercantile law or trade law depending on jurisdiction; is the body of law that applies to the rights, relations, and conduct of persons and organizations engaged in commercial and business activities. [2] [3] [4] It is often considered to be a branch of civil law ...
This distinction is "useful". [2] A law book is "a work of legal doctrine". [1] It consists of "law talk", that is to say, propositions of law. [2] "The first duty of a law book is to state the law as it is, truly and accurately, and then the reason or principle for it as far as it is known". [3] The "first requisite in a law-book is perfect ...
Given the fierce competition among law firms in the past 20 years, anecdotal reports suggest that partners are informing their clients before handing in their resignations to determine how much of their business is portable. [citation needed] A conflict of interest check is also an important step before a book of business can be considered ...
The WTO Panel in the 1999 case later ruled that the 1981 decision did not constitute a legal instrument within the meaning of GATT-1994, and hence was not binding on the panel. The Foreign Sales Corporation (FSC) was created in 1984 as an alternative to the DISC. In 1984, partially in response to international pressure, U.S. law was amended to ...
Books of authority is a term used by legal writers to refer to a number of early legal textbooks that are excepted from the rule that textbooks (and all books other than statute or law report) are not treated as authorities by the courts of England and Wales and other common law jurisdictions. These books are treated by the courts as ...
The business judgment rule is a case-law-derived doctrine in corporations law that courts defer to the business judgment of corporate executives. It is rooted in the principle that the "directors of a corporation ... are clothed with [the] presumption, which the law accords to them, of being [motivated] in their conduct by a bona fides regard for the interests of the corporation whose affairs ...
An orange that has been sliced into two halves. In mathematics, division by two or halving has also been called mediation or dimidiation. [1] The treatment of this as a different operation from multiplication and division by other numbers goes back to the ancient Egyptians, whose multiplication algorithm used division by two as one of its fundamental steps. [2]