Team Spirit (film) Team Spirit (film) Team Spirit () is a 2016 French drama film directed by Christophe Barratier. Based on the true life story of Jérôme Kerviel, a French trader who was convicted in the 2008 Société Générale trading loss for breach of trust, forgery and unauthorized use of the bank's computers, resulting in losses valued at €4.9 billion. Kerviel was born in 1977 in a small fishing town in Brittany. He and his brother were brought up simply by their hardworking parents who were devoted to each other. He earned a Master's degree in Finance. In 2000, the Société Générale recruits
Piercing the corporate veil the claimant was an employee of Cape plc's wholly owned subsidiary, which had gone insolvent. He successfully brought a claim in tort against Cape plc for causing him an asbestos disease, asbestosis. Arden LJ in the Court of Appeal held that if the parent had interfered in the operations of the subsidiary in any way, such as over trading issues, then it would be attached with responsibility for health and safety issues. Arden LJ emphasised that piercing the corporate veil was not necessary. There would be direct liability in tort for the parent company if it had interfered in the