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In this case Lipman agreed to sell land to Jones but before completion of the contract sold the land to a company of which he and another were the sole directors and shareholders. The judges ordered specific performance against Lipman and the company. The company was described as a device and a sham, a mask which Lipman held before his face in an attempt to avoid recognition by the eye of equity.

The Jones v Lipman case is a classic example of lifting the veil of incorporation, that the company was used to evade legal obligation or commit fraud.

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14y ago
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Q: What was the case of Jones v Lipman 1962?
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