“Woah! It's like Spotify but for academic articles.”

Instant Access to Thousands of Journals for just $40/month

Get 2 Weeks Free

In brief

In brief

Abstract

Trusts & Trustees, Vol. 16, No. 9, October 2010, pp. 688–689 Articles Piercing the veilçan American introduction Bringing trading trusts into the company line Tim Prudhoe and Jessica Notebaert This article examines aspects of those particular (and exceptional) circumstances where the courts have pierced the corporate veil, as well as the emerging trend in US jurisprudence toward looking beyond the form and instead to the actual substance of a company or corporate grouping on the question of piercing the veil. Case studies are provided on New York, Delaware, Texas and California. The article also considers the concept of reverse veilpiercing and alter-ego theory in relation to both piercing a trust and the evolution of substantive consolidation. Justice Paul Heath Since the late 1970s, a commercial trading vehicle, known as the ‘trading trust’, has developed. This article examines the extent to which trading trusts ought to be brought ‘within the company line’ by considering the distinction between companies and trusts, what trading trusts are, the trustees’ rights of indemnity and subrogation, antecedent transactions involving corporate trustees and the liability of directors of corporate trustees. g g ‘Switching assets from one shadowy hand to another’: piercing the veil of company
Loading next page...
Problems Reading this Article? Report Issue Here
 
/lp/oxford-university-press/in-brief-OD9Nd9LaK9

You're reading a free preview. Subscribe to read the entire article.

And millions more from thousands of peer-reviewed journals, for only $40/month.

Get 2 Weeks Free

To be the best researcher, you need access to the best research

  • With DeepDyve, you can stop worrying about how much articles cost, or if it's too much hassle to order — it's all at your fingertips. Your research is important and deserves the top content.
  • Read from thousands of the leading scholarly journals from Springer, Elsevier, Nature, IEEE, Wiley-Blackwell and more.
  • All the latest content is available, no embargo periods.

Stop missing out on the latest updates in your field

  • We’ll send you automatic email updates on the keywords and journals you tell us are most important to you.
  • There is a lot of content out there, so we help you sift through it and stay organized.