The decision of the House of Lords in Salomon v. Salomon & Co
Ltd has had lasting influence on the development of modern company
law. This one hundred year old decision articulated the founding
propositions of company law and is accordingly treated with
reverence by academics and practitioners alike. The centenary of
the case therefore affords a convenient opportunity to review these
developments in company law. In doing so, the contributors to this
volume range broadly across the modern approaches to company law
and attempt to place key aspects of the subject in a theoretical
and historical perspective and to lay bare the structural,
theoretical and policy issues which lie behind its day-to-day
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