Unit 2

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Business Organisations Flashcards on Unit 2, created by katy_mcbride12 on 03/05/2013.
katy_mcbride12
Flashcards by katy_mcbride12, updated more than 1 year ago
katy_mcbride12
Created by katy_mcbride12 over 11 years ago
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Question Answer
Corporate Veil Salomon v Salomon
Question of corporate veil for insurable interest Macaura v Northern insurance
Corporate veil - employee/employer Lee v Lee's Air Farming Ltd
Corporate veil - peculiar questions eg personality of shareholders Daimler v Continental Tyre
Corporate veil - personality of shareholders (who was the maker) Re FG (Films) Ltd
Corporate veil - avoidance of existing obligations Gilford Motor Co v Horne
Corporate veil - single economic unit DHN Distribution v Tower Hamlets LBC
Corporate veil - single economic unit DHN Distribution v Tower Hamlets LBC
Corporate veil - not allowed facade? Woolfson v Strathclyde Regional Council
Corporate veil - asbestos Adams v Cape Industries Plc
Corporate veil - asbestos liable Chandler v Cape PLc
shareholder's agreement is unenforceable of stops company from using its rights Russell v Northern Bank
only enforce the corporate constitution as far as it affects your right as a member Salmon v Quin & Axtens
duty to act in good faith - act for members Gaiman v National Association for Mental Health
at time, valid decision taken so directors in good faith Regencrest plc v Cohen
Takeovers highly regulated Hogg v Camphorn Ltd
standard of care before 1990s City Equitable Fire Insurance Co ltd
standard of care since 1990 Re D'Jan
common law prohibited self dealing Aberdeen Railway v Blaike
fiduciary duties conflict. could the company have taken the business opportunity Boardman v Phipps
Need the director's contribution but still liable? Regal Hastings v Guiliver
derivative suits - fraud on minority Foss v Harbottle
court can indemnify those who bring a derivative suits if an independent board would have brought an action Wallenstein v Moir Orders
wind up company if just and equitable Ebrahim v Westbourne Galleries
legitimate expectation O'neill v Phillips
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