The corporate veil is lifted, but only so far

22 Aug 2016
Karen Dance has provided the latest BLM column in The Scotsman - this month, Karen discusses directors' liability in civil law, its limitations and a recent Supreme Court case that would have made directors breathe a sigh of relief when they heard the judgment.
"The corporate veil sits at the heart of company law, an almost mystical line that forms the division between the directors of a business as individuals and the commercial entity they have come together to create. The corporate veil is what limits a director’s liability, determining where the director’s responsibilities end and where the company itself has to carry the can for wrongdoing..."
To read Karen's full article and to be redirected to The Scotsman website, please click here.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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