Title: Piercing the corporate veil in Latin American jurisprudence : a comparison with the Anglo-American method /
Authors: Lezcano Navarro, José Maria,
Year: 2016
Subjects: Corporate veil Latin America.; Corporate veil United States.; Corporate veil Great Britain.; Corporate governance Law and legislation Latin America.; Corporate governance Law and legislation United States.; Corporate governance Law and legislation Great Britain.; Corporations Corrupt practices; Commercial crimes.; Commercial crimes; Corporate governance Law and legislation; Corporate veil; Corporations Corrupt practices; Great Britain; Latin America; United States
Abstract: This book is a comparative law study exploring the piercing of the corporate veil in Latin America within the context of the Anglo-American method. The piercing of the corporate veil is a remedy applied, in exceptional circumstances, to prevent and punish an inappropriate use of the corporate personality. The application of this remedy and the issues it involves has been widely researched in Anglo-American jurisdictions and, until recently, little attention has been given to this subject in Latin America. This region has been through internal political conflicts that undermined economic development. However, rise of democratic governments has created the political stability necessary for investment and economic development meaning that the corporate personality is now more commonly used in Latin America. Consequently, corporate personality issues have become a subject of study in this region. Drawing on case studies from Mexico, Colombia, Brazil and Argentina, Piercing the Corporate Veil in Latin American Jurisprudence examines the ingenuity of Latin American jurisdictions to deal with corporate personality issues and compares this method with the Anglo-American framework. Focusing in particular on the influence of two key factors- legal tradition and the uniqueness of each legal system- the author highlights both similarities and differences in the way in which the piercing of the corporate veil is applied in Latin American and Anglo-American jurisdictions. -- Page [i].