United States v. Young-Bey

How courts have described this case

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

• holding that sale of old corporation’s assets to new corporation was a de facto merger even though the old corporation continued its existence for eighteen months after the exchange
• adopting an estoppel theory of liability against a successor for holding itself out as predecessor
• finding that the cessation of ordinary business and dissolution prong was satisfied when the seller corporation “technically” continued to exist for 18 months after the transaction but was a “barren corporation” with no substance and no ability to undertake business operations
• \the rule we believe a Pennsylvania appellate tribunal would adopt if the case arose in the state courts\
• “the rule we believe a Pennsylvania appellate tribunal would adopt if the case arose in the state courts”
• successor company is in better position to absorb losses than injured party.

Source: CourtListener parenthetical corpus (CC0).