1. Company law
There are three important sections of the Insolvency Act 1986. ... Whether there were good intentions or not should a company be insolvent upon trading then it is left to the directors to make a contribution on the company's behalf on winding up under law. ... The fact was that the items were a part of the company's business. ... Lonrho actually had no rights in the first place to the breach of sanctions. ... In the words of Judge Slade: "There is no general principal that all companies in a group of companies are to be regarded as one. ...
- Word Count: 1609
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate