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Hong Kong Leading Case veil piercingfacade evasionand corporate personality

Luo Xing Juan Angela v Estate of Hui Shui See Willy

(2009) 12 HKCFAR 1
JurisdictionHong Kong
CourtCourt of Final Appeal (Hong Kong SAR)
Year2009
StatusBinding authority

Key Principle

The separate legal personality of a company will not be disregarded merely to give effect to an informal family arrangement; the corporate veil between an individual controller and his company stands unless a recognised piercing ground exists, though equity (here promissory estoppel) may yield relief.

Area of Law

Company, Insolvency & Banking

Related Cases

Shandong Chenming Paper Holdings Ltd v Arjowiggins HKK 2 Ltd (2022) 25 HKCFAR 98
Re CEFC Shanghai International Group Ltd [2020] HKCFI 167
Securities and Futures Commission v Tiger Asia Management LLC (2013) 16 HKCFAR 137

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