Skip to main content
· 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 CourtListener

Sourced 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.