Jones v Lipman
| Jones v Lipman case law | |
|---|---|
| Court | High Court |
| Full case name | Concept: Court may lift the corporate veil in some circumstances.one of the example is this JONES VS LIPMAN CASE LAW . |
| Citation | [1962] 1 WLR 832 |
| Keywords | |
| Lifting the veil | |
Jones v Lipman [1962] 1 WLR 832 is a UK company law case concerning piercing the corporate veil. It exemplifies the principal case in which the veil will be lifted, that is, when a company is used as a "mere facade" concealing the "true facts", which essentially means it is formed to avoid a pre-existing obligation.
Facts
[edit]Mr Lipman contracted to sell a house at 3 Fairlawn Avenue, Chiswick, Middlesex (now Ealing W4), to Mr Jones for £5,250. He changed his mind and refused to complete. To try to avoid a specific performance order, he conveyed it to a company formed for that purpose alone, which he alone owned and controlled.
Judgment
[edit]Russell J ordered specific performance against Mr Lipman and formed company.
The defendant company is the creature of the first defendant, a device and a sham, a mask which he holds before his face in an attempt to avoid recognition by the eye of equity.
See also
[edit]Corporate personality cases | |
|---|---|
Case of Sutton's Hospital (1612) 77 ER 960 | |
Macaura v Northern Assurance Co Ltd [1925] AC 619 | |
Gilford Motor Co Ltd v Horne [1933] Ch 935 | |
Jones v Lipman [1962] 1 WLR 832 | |
Tunstall v Steigmann [1962] 2 QB 593 | |
Littlewoods Mail Order Stores v IRC [1969] 1 WLR 1214 | |
Wallersteiner v Moir [1974] 1 WLR 991 | |
DHN Ltd v Tower Hamlets LBC [1976] 1 WLR 852 | |
Lubbe v Cape Plc [2000] UKHL 41 | |
Chandler v Cape plc [2012] EWCA Civ 525 | |
Lungowe v Vedanta Resources plc [2019] UKSC 20 | |
Rome II Regulation (EC) No 864/2007 arts 1(2)(d) and 4 | |
see UK company law |
Notes
[edit]References
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