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Whilst Moylan J found there had been no impropriety in relation to X, so as to permit the corporate veil to be pierced, he nevertheless held that H, exercising complete control over X both in terms of their operation and management, was ‘entitled’ to the relevant properties within the meaning of s24(1)(a) Matrimonial Causes Act 1973 (“MCA”), despite not personally owning the assets. [read post]
27 May 2021, 6:28 am by John Jascob
Exela Technologies, Inc., May 25, 2021, Slights, J.).The plaintiffs were stockholders of SourceHOV Holdings, Inc., who dissented from a merger between the company and Exela Technologies, Inc. [read post]
19 Jun 2012, 3:04 am by sally
Piercing the corporate veil is currently a hot topic with a difference of opinion between various judges on several of the finer points, especially in a contractual context (compare Burton J in Gramsci v Stepanovs [2011] EWCH 333 Comm with Arnold J in VTB v Nutritek [2011] EWCH 3107 CH). [read post]