Nix v. W.R. Grace & Co.—Conn.

How courts have described this case

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

• holding that a general assignment of claims by a corporation to its shareholders prior to the corporation’s dissolution does not preserve unasserted claims past the statutory windup period
• “A general assignment of claims by a corporation to its shareholders prior to the corporation’s dissolution does not preserve unasserted claims past the statutory wind-up period. To hold otherwise would be completely contrary to the purpose of corporate survival statutes.”

Source: CourtListener parenthetical corpus (CC0).