· 3/30/1973
J. F. Anderson Lumber Co. v. Myers
Citations
- 206 N.W.2d 365
- 296 Minn. 33
- 1973 Minn. LEXIS 1151
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that when one corporation transfers its assets to another, the receiving corporation is not responsible for debts of transferor unless it agrees to assume these debts
- holding that when one corporation transfers its assets to another, the receiving corporation is not responsible for debts of transferor unless it agrees to assume these debts
- transferee not liable for transferor’s debts absent agreement to assume them, inadequate consideration, or fraudulent purpose
- listing factual bases necessary to establish successor liability
Source: CourtListener parenthetical corpus (CC0).
Judges: Knutson, Otis, Todd, Olson
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
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