· 11/15/1989
Baltimore Luggage Co. v. Holtzman
Citations
- 562 A.2d 1286
- 80 Md. App. 282
- 10 U.C.C. Rep. Serv. 2d (West) 953
- 1989 Md. App. LEXIS 225
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that the “continued existence” of the purchased 7 company and “the change in management and ownership are sufficient to take this case out of the 8 continuation exception”
- identifying an exception to the general rule of successor nonliability when the transaction amounts to a merger
- rejecting mere continuation theory in part because there was not “a sole corporation remaining after the sale”
- status of corporation unclear after transfer of its assets and liabilities; treated as a voluntary dissolution under C.A. § 3-410
- The mere continuity exception is designed to prevent a situation whereby “[i]n other words, the purchasing corporation maintains the same or similar management and ownership but wears a ‘new hat.’”
- explaining purpose and elements of rule
Source: CourtListener parenthetical corpus (CC0).
Judges: Moylan, Bell
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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