Salomon v. A Salomon and Co. Ltd. (1897) ; Principles Of Separate Legal Personality And Limited Liability For Companies

Salomon v. A Salomon and Co. Ltd. famously known as Salomon v. Salomon is a landmark case of the UK which established the principle of corporate personality and limited liability for shareholders. Background Mr. Salomon was a successful leather merchant who ran his business as a sole proprietorship. In 1892, Read more…