Every legal term has a specific meaning. In order to determine the meaning of a given legal term, regard has to be made, inter alia, to the context in which it is used (systematic interpretation). A given legal term may thus have different implications, depending on the context (specifically:...

‘Lifting of corporate veil' or disregarding of the corporate personality is a common buzz in the modern corporate arena. The English courts have been often asked to disregard the separate legal personality of a company and its shareholders. However, the UK courts rarely respond to this issue....