Jones Day Professorship of Commercial Law Lecture 2023

Event Date

From Tuesday 21 Nov 2023 - 05:00 PM To Tuesday 21 Nov 2023 - 06:45 PM


Level 5, Mochtar Riady Auditorium SMU Administration Building 81 Victoria Street Singapore 188065


Singapore Management University

Practice Area

Corporate / Commercial

Training Level


Public CPD Points


Event Outline

Reflective loss provides a lens for comparative analysis of how and why countries uphold the doctrine of separate legal personality. In many countries a shareholder cannot file a direct claim for damages for reflective loss (the prohibition principle). This lecture reexamines the rationales for the prohibition principle in light of more flexible interpretations of corporate personality and argues for relaxation of the prohibition principle to facilitate fair and efficient shareholder protection.

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