The theory of limited liability has often been described as the bedrock of capitalism. The ability therefore of the courts to ‘lift the corporate veil’ is an essential corrective to misuse of the theory. To what extent do you agree with Dignam and Lowry (Company Law, 11th ed 2020, Chapter 3) that ‘confusion hidden behind apparent clarity has become a feature of major decisions’?

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Coursework Title
The theory of limited liability has often been described as the bedrock of capitalism. The ability therefore of the
courts to ‘lift the corporate veil’ is an essential corrective to misuse of the theory. To what extent do you agree
with Dignam and Lowry (Company Law, 11th ed 2020, Chapter 3) that ‘confusion hidden behind apparent
clarity has become a feature of major decisions’?