題目

Explain whether Doc can pursue Ed personally for the debts of Ed Ltd

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考點:Chapter12Corporationsandlegalpersonality

?In the case of his contract with Ed Ltd, Doc cannot pursue Ed Ltd's debt by suing Ed. This is because Ed is only?a member of Ed Ltd and has no liability for the company's debts. However, Doc may be able to pursue a claim?on the basis that Ed, as shareholder and sole director of Ed Ltd, knew that the company was insolvent when it?entered into the contract with Doc and therefore was trading fraudulently. If he is successful then the veil of?incorporation may be lifted by the Insolvency Act and he may seek payment from Ed himself.?

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