T.H.S. Northstar Associates, Ltd. Partnership 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.

• indicating that the Court would enforce the contractual choice of law clause under an \express assumption of liability\ theory of successor liability
• indicating that the Court would enforce the contractual choice of law clause under an “express assumption of liability” theory of successor liability
• The court found that the elements of a de facto merger were present since Grace assumed the obligations of Zonolite, the Zonolite shareholders became Grace stockholders, and Grace paid for Zonolite assets solely with shares of its own stock rather than with cash.
• The court found that the elements of a de facto merger were present since Grace assumed the obligations of Zonolite, the Zonolite shareholders became Grace stockholders, and Grace paid for Zonolite assets solely with shares of its own stock rather than with cash.

Source: CourtListener parenthetical corpus (CC0).