Company: Dance of the corporate veil

Penningtons Manches Cooper LLP | The Commercial Litigation Journal | March/April 2013 #48
Clare Arthurs and Alex Fox reflect on the Supreme Court judgment in Nutritek The Supreme Court clearly declined to extend the circumstances in which the corporate veil may be pierced. The corporate veil has been in the limelight of late. The Court of Appeal in VTB Capital v Nutritek International Corp [2012] kept it drawn …

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Commercial: To pierce or not to pierce? The Court of Appeal protects the corporate veil

Penningtons Manches Cooper LLP | The Commercial Litigation Journal | July/August 2012 #44
Clare Arthurs assesses a recent challenge to corporate protection VTB’s original case was pleaded in deceit and unlawful means conspiracy. The judge overturned the permission VTB had obtained (ex parte) to serve proceedings out of the jurisdiction. The expression ‘Piercing the corporate veil’ is a neat turn of phrase, but what does it actually mean? …

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Trusts: ‘Puppet masters’ beware

New Square Chambers | Trusts and Estates Law & Tax Journal | April 2012 #135
Mark Hubbard explains the ramifications of a case in which the Court of Appeal upheld an order against settlors to disclose trust documents under their ‘control’ ‘ North Shore is a further example of a hardening of English judicial attitudes against those who are seen as using corporate and trust structures as devices to commit …

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