File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
  • Find via Find It@HKUL
Supplementary

Article: Form and substance of the doctrine of piercing of corporate veil

TitleForm and substance of the doctrine of piercing of corporate veil
Authors
KeywordsPiercing the corporate veil
Limited liability
Shareholder liability
Issue Date2010
PublisherMississippi Law Journal. The Journal's web site is located at http://mslj.law.olemiss.edu/
Citation
Mississippi Law Journal, 2010, v. 80 n. 2, p. 497-585 How to Cite?
Abstract
This Article proposes a reformulation of the doctrine of piercing of corporate veil based on the rationale of prevention of shareholder unjust enrichment. Applying the formal and substantive dichotomies propounded in Professor Duncan Kennedy’s seminal article “Form and Substance of Private Law Adjudication”, it examines the formal and substantive relationships of the doctrine and the related rule of limited liability. It affirms that the doctrine is of an altruistic nature, which provides a basis for launching an inquiry into its principal objective. An examination of the effects of corporate veil liability and its interaction with the underlying contractual and tortious claims shows that the genuine focus of the doctrine is shareholder unjust enrichment. Using this as a basis for a reexamination of the doctrine, this Article proposes a de-emphasis of the criteria that are usually considered under the formalities prong of the doctrine and a sharpening of focus on instances of shareholder unjust enrichment.
Descriptionhttp://mslj.law.olemiss.edu/supra/volume80/Cheng.pdf
Persistent Identifierhttp://hdl.handle.net/10722/124170
ISSN

 

DC FieldValueLanguage
dc.contributor.authorCheng, TKHen_HK
dc.date.accessioned2010-10-31T10:17:47Z-
dc.date.available2010-10-31T10:17:47Z-
dc.date.issued2010en_HK
dc.identifier.citationMississippi Law Journal, 2010, v. 80 n. 2, p. 497-585en_HK
dc.identifier.issn0026-6280-
dc.identifier.urihttp://hdl.handle.net/10722/124170-
dc.descriptionhttp://mslj.law.olemiss.edu/supra/volume80/Cheng.pdf-
dc.description.abstractThis Article proposes a reformulation of the doctrine of piercing of corporate veil based on the rationale of prevention of shareholder unjust enrichment. Applying the formal and substantive dichotomies propounded in Professor Duncan Kennedy’s seminal article “Form and Substance of Private Law Adjudication”, it examines the formal and substantive relationships of the doctrine and the related rule of limited liability. It affirms that the doctrine is of an altruistic nature, which provides a basis for launching an inquiry into its principal objective. An examination of the effects of corporate veil liability and its interaction with the underlying contractual and tortious claims shows that the genuine focus of the doctrine is shareholder unjust enrichment. Using this as a basis for a reexamination of the doctrine, this Article proposes a de-emphasis of the criteria that are usually considered under the formalities prong of the doctrine and a sharpening of focus on instances of shareholder unjust enrichment.-
dc.languageengen_HK
dc.publisherMississippi Law Journal. The Journal's web site is located at http://mslj.law.olemiss.edu/-
dc.relation.ispartofMississippi Law Journalen_HK
dc.subjectPiercing the corporate veil-
dc.subjectLimited liability-
dc.subjectShareholder liability-
dc.titleForm and substance of the doctrine of piercing of corporate veilen_HK
dc.typeArticleen_HK
dc.identifier.openurlhttp://library.hku.hk:4550/resserv?sid=HKU:IR&issn=0026-6280&volume=80&issue=2&spage=497&epage=585&date=2010&atitle=Form+and+substance+of+the+doctrine+of+piercing+of+corporate+veil-
dc.identifier.emailCheng, TKH: tkhcheng@hku.hken_HK
dc.identifier.authorityCheng, TKH=rp01242en_HK
dc.identifier.hkuros179627en_HK
dc.identifier.volume80-
dc.identifier.issue2-
dc.identifier.spage497-
dc.identifier.epage585-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats