The road to Prest v Petrodel: an analysis of the UK judicial approach to the corporate veil - part 2: post Prest

This article examines the judicial approach to the corporate veil post-Prest v Petrodel Resources Ltd. Analysis is undertaken of the judgment in Prest and of how judges have adapted and applied this judgment in subsequent cases. The article offers an evaluation on whether the judgment in Prest, has indeed, provided much needed clarity on the judicial approach to the concealment/evasion principles as grounds for veil-piercing/lifting. The article concludes by advocating for a return to the use of the doctrine of judicial discretion as a tool for addressing legal matters relating to the corporate veil of incorporation.

This is a pre-copyedited, author-produced version of an article accepted for publication in International company and commercial law review following peer review. The definitive published version The road to Prest v Petrodel: an analysis of the UK judicial approach to The Corporate Veil - part 2, I.C.C.L.R. 2020, 31(11), 597-608 is available online on Westlaw UK (http://legalresearch.westlaw.co.uk/). An Attribution-NonCommercial CC BY-NC use license applies to this manuscript version.