(急急急)Company law問題,,有關Salomon v. Salomon & Co. Ltd (1897)

The principle is quite clear. There is a difference between a natural person and a legal person. They are a different party. Salomon (Per) is a natural person and saloman & Co Ltd ( Co) is a legal person. Any action against Co has nothing to do with Per and vice versa. They are different party just like you and me.
For example, any action against a limited company has nothing to do with the owners ( Shareholders ). If the Co could not pay off its debts or fulfill its legal obligation, the other party ( Creditor ) could not extend its claim against its shareholders. So, in the end, the Creditor could only proceed to wind up the company and get its residual asset value, if any, to settle the debts due to him.

2008-10-17 20:24:11 補充：
Limited company is a very good example on the concept of legal entity.