Salomon v Salomon (Company Law)

Salomon v A Salomon & Co Ltd [1897] AC 22 is a landmark UK company law case. The effect of the Lords' unanimous ruling was to uphold firmly the doctrine of corporate personality, as set out in the Companies Act 1862, so that creditors of an insolvent company could not sue the company's shareholders to pay up outstanding debts. (Wikipedia summary)
The court held that the company was duly formed and registered and was not the mere "alias" ; that he was not liable to indemnify the company against the creditors' claims; that there was no fraud upon creditors or shareholders


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