Skip to main content

Martin v. TWP Enterprises Inc.

Citations

  • 227 Md. App. 33
  • 132 A.3d 361
  • 41 I.E.R. Cas. (BNA) 190
  • 2016 Md. App. LEXIS 21

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 transfer of 12 “instrumental” employees from the predecessor corporation to the successor can be an indicia of 13 continuation
  • holding that “the ‘mere continuation’ 14 exception [does] not apply . . . where there [is] no evidence of fraudulent purpose or inadequate 15 consideration” and the acquiring company assumed part of the acquiree’s liabilities
  • including adequacy of consideration as one of the five factors in a “mere continuity” analysis
  • stating 10 that Maryland courts “assess[] the adequacy of consideration as a factor and consistently f[ind] 11 the exception [does] not apply where consideration was adequate”
  • applying successor liability to a transfer of assets involving an LLC
  • specifying that consideration must be adequate

Source: CourtListener parenthetical corpus (CC0).

Judges: Berger, Krauser, Leahy

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.