Private Law Theory

“In a recent article, ‘Piercing of the Corporate Veil for Evasion of Tort Obligations’, I analyse the common law doctrine of veil piercing in the context of tort liabilities of a company. In the tort context, the prevailing view is that it is permissible to establish a company to carry on activities to enable the controllers of the company to escape personal tort liabilities arising from the activities. However, I argue that such a situation potentially involves the use (misuse) of a company to evade existing tort obligations and that there is greater scope than traditionally understood for piercing of the corporate veil to impose a company’s tort liabilities on its controllers …” (more)

[Stefan HC Lo, Oxford Business Law Blog, 3 July]

First posted 2017-07-04 07:43:18