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Explain what the following statement means, to critically discuss this statement and indicate whether or not you agree with this statement, and you should provide reasons why you hold such position. Over many decades various decisions of judges in addition to the company acts 2006 have provided an understanding of what it means for a company to be an artificial legal person. This midterm assignment requires you to write and submit an essay of no more than 1500 words excluding references and essay title on an issue that is part of this topic. Reference will include references to decide cases and also to acts of parliament and sections in those acts of parliament. The subject matter of the essay is as follow: these consideration reflect the broader principle that the corporate veil may be pierced only to prevent the abuse of corporate legal personality. It may be an abuse of the separate legal personality of a company to use it to evade the law or to frustrate its enforcement. It is not an abuse to cause a legal liability to be incurred by the company in the first place. It is not an abuse to rely upon the fact if it is a fact that a liability is not the controllers because it is the companys. Presr appellant v petrodel resources limited and others respondents 2013 uksc 34 lord sumption paragraph 34 you are required in your essay to explain what this statement means, to critically discuss this statement and indicate whether or not you agree with this agreement. When you indicate whether or not you agree with this statement you should provide reasons why you hold such a position. No longer than 1500 words excluding reference and essay title the above is the requirement from our subject coursework assignment handbook. 1.lord sumption uses the word may this suggests that there might be other circumstace in which an abuse of the separate legal personality of a 2.lord sumption provides two possibilities: 1 evade the law or 2frustrate its enforcement. 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