What is the corporate veil policy of a company?

Alberta, Canada


The following excerpt is from Clyne v. Lear Enterprises Ltd., 2009 ABPC 134 (CanLII):

The defendants did not comply with the Act. In Kosmopoulos v. Constitution Insurance Co. of Canada, Wilson J. quoted this corporate veil policy: ...the court’s policy is to lift the veil if they think that justice demands it and they are not constrained by contrary binding authority.

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