Download Company Law Concentrate: Law Revision and Study Guide by Lee Roach PDF

By Lee Roach

In case you are interested by examination good fortune, it is time to Concentrate!

Company legislations Concentrate is the fundamental examine and revision advisor for legislations scholars trying to consolidate wisdom and attain the absolute best marks of their assessments. offering transparent, succinct insurance of the basic issues, it allows you to quick grab the elemental ideas of this quarter of legislations and excel in exams.

Each advisor within the Concentrate series has been carefully reviewed and is recommended through scholars and academics for its excessive point of assurance, accuracy, and examination advice.

Packed with crucial info, key circumstances, revision assistance, perform examination questions, and extra, Company legislations Concentrate can be supported through quite a lot of on-line assets to take your studying further.

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DT Plan your revision utilizing the printable subject overviews
DT goal the components you want to be aware of with the diagnostic try and key evidence checklist
DT try your wisdom of corporation legislations with a number of selection questions and obtain suggestions in your answers
DT enhance your essay-writing abilities utilizing the description solutions and professional guidance
DT Revise the major proof and situations of the topic utilizing the interactive flashcards
DT research the $64000 phrases and definitions utilizing the interactive glossary
DT discover the topic in additional intensity with large additional examining recommendations
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Extra resources for Company Law Concentrate: Law Revision and Study Guide

Example text

The veil will only be pierced where the fraud or wrongdoing in question is within the ordinary business of the company in question.  However, in the following case, the Supreme Court overruled Gramsci on this point and held that the puppeteer would not be bound.  VTB claimed that once the veil was pierced, the defendants would become party to the original loan agreement between VTB and RAP, and so would be liable on it.  The general rule was stated by Roskill LJ in The Albazero [1977] when he stated that it was ‘long established and now unchallengeable by judicial decision … that each company in a group of companies … is a separate entity possessed of separate legal rights and liabilities’.

The adoption was therefore invalid.  21) Key debates Topic Promotion of the company Author/Academic Joseph H Gross Viewpoint Discusses the courts’ approach in determining whether or not a person is a promoter. ’ (1970) 86 LQR 493. Topic Pre­incorporation contracts Author/Academic Joseph Savirimuthu Viewpoint Discusses the theories behind the common law and statutory rules relating to pre­ incorporation contracts, and provides several possible suggestions for reform. ’ (2003) 24 Co Law 196. ’ Discuss the validity of this statement.

This clearly benefits third parties who contract with the promoter, as they will be able to sue the promoter should the terms of the pre­incorporation contract be breached. Looking for extra marks?  In Braymist Ltd v Wise Finance Co Ltd [2002], it was held that a promoter could sue a third party, but the fact that judicial clarification was required demonstrates a flaw in the drafting of s 51 that you might wish to bring up in a possible essay question on the effectiveness of s 51.  This process of substituting one contract with another is known as ‘novation’.

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