lawhelpbd.com
Barcelona Traction Light and Power Co ltd (Belgium V Spain, ICJ 1970) | Law Help BD
Barcelona Traction Light and Power Co ltd (Belgium V Spain, ICJ 1970)Principle: Companies are separate entity in the eye of law.Fact: The Barcelona Traction, Light and Power Co. Ltd., (hereinafter called Barcelona Traction) were a Canadian company. The greater part of its share capital belonged to Belgian nationals. Barcelona Traction also owned the shares of several other companies, some of which were operating in Spain under Spanish law. Barcelona Traction, Light, and Power Company, Ltd.