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VTB Capital Plc V Nutritek International Corp
is an English company law case, concerning piercing the corporate veil for fraud. Together with the subsequent decision of the Supreme Court later the same year in the Supreme Court substantially restated the English company law position in relation to piercing of the corporate veil. Facts VTB Capital plc claimed that Nutritek, its parent and a director called Konstantin Malofeev, fraudulently misrepresented the value of dairy companies that Nutritek was selling to Russagroprom LLC. VTB was giving a $225m loan to Russagroprom to buy the dairy companies. VTB claimed that it was deceived into thinking that Russagroprom was not already under common control with Nutritek. It additionally sought to hold the owner of Nutritek, Marshall Capital Holdings, Marshall Capital LLC and the alleged controller, Konstantin Malofeev all jointly liable because of their control of Nutritek. VTB Capital was a subsidiary of the Russian state owned bank called JSC VTB Bank, but the loan facility ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom Supreme Court
The Supreme Court of the United Kingdom (initialism: UKSC or the acronym: SCOTUK) is the final court of appeal in the United Kingdom for all civil cases, and for criminal cases originating in England, Wales and Northern Ireland. As the United Kingdom’s highest appellate court for these matters, it hears cases of the greatest public or constitutional importance affecting the whole population. The Court usually sits in the Middlesex Guildhall in Westminster, though it can sit elsewhere and has, for example, sat in the Edinburgh City Chambers, the Royal Courts of Justice in Belfast, and the Tŷ Hywel Building in Cardiff. The United Kingdom has a doctrine of parliamentary sovereignty, so the Supreme Court is much more limited in its powers of judicial review than the constitutional or supreme courts of some other countries. It cannot overturn any primary legislation made by Parliament. However, as with any court in the UK, it can overturn secondary legislation if, for an examp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lord Neuberger
David Edmond Neuberger, Baron Neuberger of Abbotsbury (; born 10 January 1948) is an English judge. He served as President of the Supreme Court of the United Kingdom from 2012 to 2017. He was a Lord of Appeal in Ordinary until the House of Lords' judicial functions were transferred to the new Supreme Court in 2009, at which point he became Master of the Rolls, the second most senior judge in England and Wales. Neuberger was appointed to the Supreme Court, as its President, in 2012. He now serves as a Non-Permanent Judge of the Hong Kong Court of Final Appeal and the Chair of the High-Level Panel of Legal Experts on Media Freedom. Early life Neuberger was born on 10 January 1948, the son of Albert Neuberger, Professor of Chemical Pathology at St Mary's Hospital, University of London, and his wife, Lilian. His uncle was the noted rabbi Herman N. Neuberger. All three of his brothers are or were professors: James Neuberger is Professor of Medicine at the University of Birming ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jones V Lipman
''Jones v Lipman'' [1962] 1 WLR 832 is a UK company law case concerning piercing the corporate veil. It exemplifies the principal case in which the veil will be lifted, that is, when a company is used as a "mere facade" concealing the "true facts", which essentially means it is formed to avoid a pre-existing obligation. Facts Mr Lipman contracted to sell a house at 3 Fairlawn Avenue, Chiswick, Middlesex (now Ealing W4), to Mr Jones for £5,250. He changed his mind and refused to complete. To try to avoid a specific performance order, he conveyed it to a company formed for that purpose alone, which he alone owned and controlled. Judgment Russell J ordered specific performance against Mr Lipman and formed company. See also *UK company law Notes {{reflist, 2 References * United Kingdom company case law United Kingdom corporate personality case law High Court of Justice cases 1962 in case law 1962 in British law ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gilford, County Down
Gilford is a village in County Down, Northern Ireland. The village sits on the River Bann between the towns of Banbridge, Tandragee and Portadown. It covers the townlands of Loughans, Ballymacanallen and Drumaran. It had a population of 1,573 people in the 2001 Census. Gilford is within the Armagh, Banbridge and Craigavon district. History Following the Irish Rebellion of 1641, Captain John Magill acquired land in the parish of Tullylish and founded Gilford, the name of the village being derived from "Magill’s ford". He afterwards became Sir John Magill and built Gill Hall in Dromore, County Down. The Magill lands passed by marriage to the Meade family, who were made Barons Gillford in 1766 and later earls of Clanwilliam. In the 19th century, Gilford grew and its population swelled when a linen mill was built. Many mill houses can still be found in the village. When the mill shut in 1986, the village waned. Recently though, the village has started to recover and new shops ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
In Re Darby, Ex P Brougham
''Re Darby, ex parte Brougham'' 9111 KB 95 is a UK company law case concerning piercing the corporate veil. It is a clear example of the courts ignoring the veil of incorporation where a company is used to conceal a fraudulent operation. Facts Darby and Gyde were undischarged bankrupts with convictions for fraud. They registered a company called City of London Investment Corporation Ltd (LIC) in Guernsey. It had seven shareholders and issued £11 of its nominal capital of £100,000. Darby and Gyde were the only directors and entitled to all profits. The company purported to register and float a company in England called Welsh Slate Quarries Ltd, for £30,000. It bought a quarrying licence and plant for £3500 and sold this to WSQ for £18,000. The prospectus invited the public to take debentures in WSQ. It stated the name of LIC, but not Darby and Gyde, or the fact that they would receive the profit on sale. WSQ failed and went into liquidation. The liquidator claimed Darby's se ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Re H
Re or RE may refer to: Geography * Re, Norway, a former municipality in Vestfold county, Norway * Re, Vestland, a village in Gloppen municipality, Vestland county, Norway * Re, Piedmont, an Italian municipality * Île de Ré, an island off the west coast of France ** Le Bois-Plage-en-Ré, a commune on that island * Re di Anfo, a torrent (seasonal stream) in Italy * Re di Gianico, Re di Niardo, Re di Sellero, and Re di Tredenus, torrents in the Val Camonica * Réunion (ISO 3166-1 code), a French overseas department and island in the Indian Ocean Music * Re, the second syllable of the scale in solfège ** Re, or D (musical note), the second note of the musical scale in ''fixed do'' solfège * Re: (band), a musical duo based in Canada and the United States Albums * ''Re'' (Café Tacuba album) * ''Re'' (Les Rita Mitsouko album) * ''Re.'' (Aya Ueto album) * ''Re:'' (Kard EP) Other media * Resident Evil, popular video game franchise of survival horror * ''...Re'' (film), a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gilford Motor Co Ltd V Horne
''Gilford Motor Co Ltd v Horne'' 933Ch 935 is a UK company law case concerning lifting the corporate veil. It gives an example of when courts will treat shareholders and a company as one, in a situation where a company is used as an instrument of fraud. Facts Mr EB Horne was formerly a managing director of the Gilford Motor Co Ltd. His employment contract stipulated (clause 9) not to solicit customers of the company if he were to leave employment of Gilford Motor Co. Mr. Horne was fired, thereafter he set up his own business and undercut Gilford Motor Co's prices. He received legal advice saying that he was probably acting in breach of contract. So he set up a company, JM Horne & Co Ltd, in which his wife and a friend called Mr Howard were the sole shareholders and directors. They took over Horne’s business and continued it. Mr. Horne sent out fliers saying, The company had no such agreement with Gilford Motor about not competing, however Gilford Motor brought an action all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Snook V London And West Riding Investments Ltd
Snook, Snooks, or Snoek may refer to: Fishes * Family Centropomidae (snooks) ** Common snook * Family Esocidae (pikes) ** ''Haplochromis insidiae'' ** Northern pike * Family Gempylidae (snake mackerels) ** Blacksail snake mackerel or black snoek ** '' Thyrsites'' ("snoek", popular in the Cape region of South Africa, this was also consumed in the United Kingdom during World War II) * Family Muraenesocidae (pike congers) ** Pike eel * Family Percidae (perches) * Family Scombridae (mackerels, tunas, bonitos), subfamily: Scombrinae ** Kanadi kingfish ** Narrow-barred Spanish mackerel, ''Scomberomorus commerson'' * Barracuda ** Australian barracuda, ''Sphyraena novaehollandiae'' * Cutlassfish ** Silver scabbardfish * ''Petenia splendida'', bay snook * Southern sennet, ''Sphyraena picudilla'' * Snook shark or Caribbean sharpnose shark, ''Rhizoprionodon porosus'' Places United States * Rancho San Bernardo (Snook), a Mexican land grant in present-day San Diego County, Califor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Diplock LJ
William John Kenneth Diplock, Baron Diplock, (8 December 1907 – 14 October 1985) was a British barrister and judge who served as a lord of appeal in ordinary between 1968 and until his death in 1985. Appointed to the English High Court in 1956 and the Court of Appeal five years later, Diplock made important contributions to the development of constitutional and public law as well as many other legal fields. A frequent choice for governmental inquiries, he is also remembered for proposing the creation of the eponymous juryless Diplock courts. Of him, Lord Rawlinson of Ewell wrote that "to his generation Diplock was the quintessential man of the law". Early life and legal career Kenneth Diplock was born in South Croydon, the son of solicitor William John Hubert Diplock and his wife Christine Joan Diplock, ''née'' Brooke. He was educated at Whitgift School in Croydon and University College, Oxford, where he read chemistry and graduated with a second-class degree in 1929. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trustor AB V Smallbone (No 2)
is a UK company law case concerning piercing the corporate veil. Facts Mr Smallbone had been the managing director of Trustor AB, and it was claimed that in breach of fiduciary duty he transferred money to a company that he owned and controlled. Trustor AB applied to treat receipt of the assets of that company as the same as the assets of Mr Smallbone. It argued that Smallbone's company was a sham to help breaches of duty, it had been involved in improper acts and the interests of justice demanded the result. The case against Mr Smallbone was eventually dropped by Trustor AB as there was no breach of fiduciary duty. Judgment Sir Andrew Morritt VC held that there was enough evidence to lift the veil on the basis that it was a "mere facade". He noted the tension between ''Adams v Cape Industries plc'' and later cases and stated that impropriety is not enough to pierce the veil, but the court is entitled to do so where a company is used ‘as a device or façade to conceal the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ben Hashem V Al Shayif
Ben is frequently used as a shortened version of the given names Benjamin, Benedict, Bennett or Benson, and is also a given name in its own right. Ben (in he, בֶּן, ''son of'') forms part of Hebrew surnames, e.g. Abraham ben Abraham ( he, אברהם בן אברהם). Bar-, "son of" in Aramaic, is also seen, e.g. Simon bar Kokhba ( he, שמעון בר כוכבא). Ben meaning "son of" is also found in Arabic as ''Ben'' (dialectal Arabic) or ''bin'' (بن), ''Ibn''/''ebn'' (ابن). People with the given name * Ben Adams (born 1981), member of the British boy band A1 * Ben Affleck (born 1972), American Academy Award-winning actor and screenwriter * Ben Ashkenazy (born 1968/69), American billionaire real estate developer * Ben Askren (born 1984), American sport wrestler and mixed martial artist * Ben Banogu (born 1996), American football player * Ben Barba (born 1989), Australian rugby player * Ben Barnes (other), multiple people * Ben Bartch (born 1998), American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
