· 12/23/1987
DeLapp v. Xtraman, Inc.
Citations
- 417 N.W.2d 219
- 1987 Iowa Sup. LEXIS 1356
- 1987 WL 25913
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- “The general rule is that where one company sells or otherwise transfers all its assets to another company, the purchasing company is not liable for the debts and liabilities of the transferor.”
- rejecting “product line” exception to nonliability rule
Source: CourtListener parenthetical corpus (CC0).
Judges: Carter, Larson, Layorato, Neuman, Snell
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.