Adams v Cape Industries Plc (1990) affirmed the principle of separate corporate personality, emphasising the strict criteria for piercing the corporate veil and setting clear guidelines for enforcing foreign judgments in the UK.
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🏛️ Court: Court of Appeal (Civil Division) 🗓️ Judgment Date: 27 July 1989 🗂️ Where Reported: [1990] Ch. 433; [1990] 2 W.L.R. 657 📍 Jurisdiction: United Kingdom
⚖️ Legal Principles
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Separate Legal Personality: The court upheld the concept of separate legal personality, emphasising that companies within a corporate group should generally be treated as separate entities.