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· 6/30/1989

Wilkerson v. CO Porter MacHinery Co.

Citations

  • 567 A.2d 598
  • 237 N.J. Super. 282

How courts have described this case

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

  • permitting injured plaintiff to use product-line exception against successor manufacturer that purchased original manufacturer's assets in bankruptcy sale
  • examining the applicability of New Jersey’s product-line theory of successor liability to the purchase of assets from predecessor corporation’s bankruptcy
  • applying state successor liability principles in spite of bankruptcy order allowing debtor corporation’s assets to be “sold free and clear of all liens, claims (absolute or contingent) and encumbrances”
  • product line theory whereby purchaser of assets of manufacturer during bankruptcy not insulated from successor liability to the plaintiff injured by bankrupt manufacturer's product
  • An \order under section [363] can only protect the purchaser of ... property against `any interest in such property.' Plaintiff's [product liability suit is not] an interest in the purchased property and [§ 363] does not affect plaintiff's claim.\
  • imposing successor liability under Ramirez in Chapter 11 proceeding

Source: CourtListener parenthetical corpus (CC0).

Judges: Wecker

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.