Wednesday, 26 March 2014

The much celebrated decision of Salomon v Salomon & Co Ltd [1897] AC 22 condones unethical business transactions and restructuring... the Court’s hands are tight, there are no recourse to it”

I. QUESTION  
a) “The much celebrated decision of Salomon v Salomon & Co Ltd [1897] AC 22 condones unethical business transactions and restructuring... the Court’s hands are tight, there are no recourse to it”  
      Do you agree with the statement above? 

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