Salomon v A Salomon & Co Ltd

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:law
gptkbp:area company law
gptkbp:citation [1897] AC 22
gptkbp:country gptkb:England
gptkbp:date 1897
gptkbp:fullName Salomon v A Salomon & Co Ltd [1897] AC 22
https://www.w3.org/2000/01/rdf-schema#label Salomon v A Salomon & Co Ltd
gptkbp:judge gptkb:House_of_Lords
gptkbp:jurisdiction gptkb:United_Kingdom
gptkbp:key A company is a separate legal entity from its shareholders
Shareholders are not liable for company debts beyond their investment
gptkbp:party A Salomon & Co Ltd
Aron Salomon
gptkbp:predecessor corporate veil doctrine
gptkbp:principle limited liability
separate legal personality
gptkbp:significance foundation of modern company law
gptkbp:bfsParent gptkb:Prest_v_Petrodel_Resources_Ltd
gptkbp:bfsLayer 7