Bank of Commerce v. Woods

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• bank held to be successor when it chose to purchase the store instead of foreclosing on its security interest
• clear intention of successor liability statutes is to provide that tax debt follows business, its assets or any portion of them and such statutes are broadly construed in order not to jeopardize interest of public in ensuring collectability of taxes
• rejecting similar argument relating to Tennessee’s successor liability statute

Source: CourtListener parenthetical corpus (CC0).