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    marjurieanne's Avatar
    marjurieanne Posts: 1, Reputation: 1
    New Member

    Feb 20, 2007, 07:36 PM
    Explanation of the case of Lee v Lee's Air Farming
    Hello evryone, I'm marjurie.. I have a subject called corporate law and I have a presentation on the 27th of February about the case of lee v lee's air farming. I'm hoping for your kind response to this.. thank you..
    rajug's Avatar
    rajug Posts: 1, Reputation: 1
    New Member

    Jul 12, 2010, 02:15 AM
    Case study`s are basically stupid real life stories relating to companies ,people , government & courts mostly.

    In this case SOLOMAN vs SOLOMAN...

    SOLOMAN WAS A MAN WHO HAD A `SHOE` BUSINESS . He saw the rising profits of his business... and.. desided to start a company.

    He had 30000pounds with him , of which he took 10000shares and 10000debentures.. [approx]

    His company suddenly went into liquidation[loss]

    He had 17000 to be paid to his creditors.. but soloman had only 6000 with him .

    He took the money for himself..

    The creditors went to the court and lodged a complaint.


    mian34's Avatar
    mian34 Posts: 1, Reputation: 1
    New Member

    Apr 4, 2011, 04:42 AM
    The holding in lee v lee upholds that in saloman v saloman that a company is a separate legal entity from its shareholders and lee was a manager and in another capacity acted as a pilot of the company.Mrs lee could recover after mr lee s death for this reason

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