Corporate Liability for Sole Shareholder Corps

In preparing for the statutory drafting exercise for the exam, I’ve been thinking about whether and why sole shareholder corps should benefit from limited liability. In Kosmopoulos II (the 1987 case) Wilson J refused to pierce the corporate veil because it would create ‘an arbitrary difference between sole shareholder and multiple shareholder corps’. In my […]

Corporations and the Charter

Note 2 on page 88 on the textbook asks whether a legislature could indirectly extend full Charter rights to a corporation, and whether this has already been done. This raises really interesting questions about Constitutional and legislative amendments generally. As we’ve all seen, courts will sometimes use statutory interpretation to ‘read in’ or ‘read down’ […]

Corporate Ethics in The Corporation

While I enjoyed watching The Corporation, I agree with some of the other posts that it presented a fairly one-sided picture of the corporate world. Personally, what I have witnessed in the past few years in social media, the news and in chatting with friends has been a general indictment of large corporations. The Corporation is […]