When Your Limited Liability Company Can't Protect You (Corporate Veil Explained)
Автор: The Legal Explainers
Загружено: 2026-02-23
Просмотров: 76
Описание:
Many Nigerian business owners believe limited liability means complete protection. But there are situations where courts will "lift the corporate veil" and hold directors personally responsible.
In this episode, we break down the landmark BPE v. BFI Group case where a Director-General learned the hard way: when you're the "directing mind" of a company, you ARE the company in the eyes of the law.
📌 What you'll learn:
• What "lifting the corporate veil" means
• When limited liability protection fails
• The "directing mind and will" principle
• Real Supreme Court case breakdown
• How this affects CEOs and directors
⚖️ Case discussed: Bureau of Public Enterprises v. BFI Group Corporation (2022)
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#CorporateVeil #NigerianLaw #BusinessLaw #LimitedLiability #CEOResponsibility #DirectorLiability #NigerianBusiness #LegalExplainers #CompanyLaw #Entrepreneurship
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