Salomon v Salomon

LisaB4657 · Nov 17, 2006, 05:52 AM

If you're talking about the principle that a corporation is a legal entity separate and apart from its shareholders, then the answer to your question is yes. The only time it is not applied is when the courts "pierce the corporate veil" to prosecute individual shareholders.

Kates · Nov 17, 2006, 05:58 AM

that helps

LisaB4657 · Nov 17, 2006, 06:02 AM

Do a Google search for "Salomon v. Salomon" and you'll find hundreds of articles that explain it.

Kates · Nov 17, 2006, 06:15 AM

Thankyou very much..

LisaB4657 · Nov 17, 2006, 06:18 AM

I'm sorry but I probably last read those cases over 20 years ago.

Have you read them yet? I'm sure that if you read the Salomon case and then the highlighted cases the similarities and differences will jump out at you.

Kates · Nov 18, 2006, 02:00 AM



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