Separate Corporate Personality Remains Alive and Well in Alberta
Separate corporate personality is not a loophole or technicality, but is an essential principle of corporate law, the Alberta Court of Appeal recently reiterated in Condominium Corporation No. 0828219 v Carrington Holdings Ltd., 2023 ABCA 222 [Carrington] and Swanby v Tru-Square Homes Ltd, 2023 ABCA 224 [Swanby]. Together, Carrington and Swanby highlight the powerful impact of separate corporate personality on shareholder liability for the actions of their corporations.
Scott Bower Heather Taskey Russell Kruger Alberta Court Carrington Holdings Ltd Carrington Hermitage Ltd
Source: bennettjones.com