Essay on nintendo wii


- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - The Relevance of the Salomon v. Salomon Case


'Salomon v Salomon is an outdated case with little relevance to modern
company law.'

Discuss.

Salomon v Salomon[1] served to establish the principle of corporate
personality that 'forms the cornerstone of company law.'[2] It is my
contention that despite various attempts by both the legislature and
the judiciary to circumvent the principle, this 'cornerstone' has not
been eroded, rather, it forms the very foundations of modern company
law.

Salomon v Salomon was and still is a landmark case. By confirming the
legitimacy of Mr Salomon's company the House of Lords put forward the
concept of separate corporate personality and limited liability.
Inextricably linked with this ratio is an acknowledgement of the
importance of certainty within the law, thus separate corporate
personality becomes a concrete principle to which the law must adhere.

Salomon v Salomon is followed in subsequent cases, notably Macaura v
Northern Assurance Co.[3] and Lee v Lee's Air Farming Ltd[4]. These
cases highlight the reality of the separate corporate identity and
take it a step further in stressing the distinction between a
company's identity and that of its shareholders. In effect Salomon's
principle as confirmed by Macaura v Northern Assurance Co. and Lee v
Lee's Air Farming Ltd. helps form an image of a corporation as a
'depersonalised conception'[5], an object that is 'cleansed and
emptied of its shareholders.'[6]

Yet the concept of an incorporated company as a separate legal person
causes some difficulties, for surely all 'legal personality is in a
sense fiction'.[7] Questions soon arise ...


... middle of paper ...


... [7] Farrar (1998) chap. 7

[8] Salomon v Salomon

[9] Lennards Carrying Co Ltd v Asiatic Petroleum Co.[1915] AC 153

[10] As occurred in Daimler v Continental Tyres [1915] 1 KB 893.

[11] As quoted by F. Moghadam in QMWLJ 1 p36.

[12] . Gilford Motor Co. v Horne [1933]

[13]

[14]

[15] Food Distributors v Tower Hamlets ([1976] 3 All ER
462)

[16] [1983] 3 WLR 492.

[17] cf. Gallagher and Zeigler 1990

[18] [1991] 1 All ER 929

[19] Farrar

[20] [1996] 2 All ER 433

[21] [1998] 1 All ER 929

[22] [1998] BCLC 447

[23] [1985] BCLC 333 at p337.

[24] p536.

[25] [1993] BCLC 480

[26] [1998] 1 WLR 830

[27] Cf Ord v Belhaven.

[28] [1998] AC 854

[29] Cf Companies Act 1985

[30] cf. S213, 214 Insolvency Act 1986.
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Steve Miller had started to essay his classic sound with The Joker, but 1976's Fly Like an Eagle is where he took flight, creating his definitive slice of space blues. The key is focus, even on an album as stylishly, self-consciously trippy as this, since the focus brings about his strongest set of songs (both originals and covers), plus a detailed atmospheric production where everything fits. It still can sound fairly dated -- those whooshing keyboards and cavernous echoes are certainly of their time -- but its essence hasn't aged, as "Fly Like an Eagle" drifts like a cool breeze, while "Take the Money and Run" and "Rock 'n Me" are fiendishly hooky, friendly rockers. The rest of the album may not be quite up to those standards, but there aren't any duds, either, as "Wild Mountain Honey" and "Mercury Blues" give this a comfortable backdrop, thanks to Miller's offhand, lazy charm. Though it may not quite transcend its time, it certainly is an album rock landmark of the mid-'70s and its best moments (namely, the aforementioned singles) are classics of the idiom. ~ Stephen Thomas Erlewine

Essay on nintendo wii

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