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Level 7 Diploma in International Business Law

Corporate Personality and the Veil of Incorporation

IBL705 · Company Law — Week 3 of 16

CourseIBL705
Week3 of 16
SemesterII
TutorOnline in the course chat

This week’s topics

Corporate Personality and the Veil of Incorporation

  1. Doctrine of separate legal entity post-Salomon
  2. Common law evasion and concealment principles post-Prest
  3. Statutory lifting mechanisms and tortious liability
  4. TOPIC 5 Lifting the Veil of Incorporation - Company Law - UoL
  5. Petrodel Resources v Prest | Company Law
  6. TOPIC 4 Legal Personality and Limited Liability - Company Law - UoL

What you will be able to do

  • 1.5 Analyse the effect of the corporate veil and how this can be lifted.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: analyse the effect of the corporate veil and how this can be lifted.

Study materials

Videos

  • TOPIC 5 Lifting the Veil of Incorporation - Company Law - UoL · YouTube · Sinorbit Academy · 22 min · for registered students
  • Petrodel Resources v Prest | Company Law · YouTube · The Law Academy · 14 min · for registered students
  • TOPIC 4 Legal Personality and Limited Liability - Company Law - UoL · YouTube · Sinorbit Academy · 23 min · for registered students

Further resources

  • Prest v Petrodel Resources Ltd [2013] UKSC 34 · PDF · Other, case law; 44 pages · for registered students
  • Companies Act 2006 · Reading · legislation.gov.uk, legislation · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 2Week 4
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Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Comparative Business Structures
  • Week 2: Corporate Formation and Constitutional Documents
  • Week 3: Corporate Personality and the Veil of Incorporation
  • Week 4: Corporate Governance and Board Dynamics
  • Week 5: Directors' General Duties and Liabilities
  • Week 6: Shareholder Decision-Making and Governance Rights
  • Week 7: Minority Shareholder Protection
  • Midterm: Midterm evaluation
  • Week 9: Directors' Responsibilities in Financial Distress
  • Week 10: Auditing and Corporate Accountability
  • Week 11: Corporate Insolvency, Liquidation, and Distribution
  • Week 12: Applying Company Law in practice: case studies
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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