LEGAL AID OYO JOURNAL OF LEGAL ISSUES VOL. 1, ISSUE 1, 2017. 111
can be said to exist, the courts in lifting the veil as in Jones v. Lipman (Supra) would not hesitate in stripping a company of its corporate
defense established in Salomon (Supra) CONCLUSION After
examining the origin, consequences and trends in the application of the principle
espoused in Salomon V Salomon, the question remains – is it relevant to today‟s business world I am of the view that yes it is as the advantages the corporate vehicle aided by the principle espoused in
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