Topic: the assets purchased by the successor, at least in part, we… · Go Syfert
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Topic #19509

7 canonical passages across 5 cases, quoted by 21 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from Budd Tire Corp. v. Pierce Tire Co..

#Case FlagCanonical passage Citers
1 Budd Tire Corp. v. Pierce Tire Co. Anchor
ncctapp · 1988
green “the assets purchased by the successor, at least in part, were derived from the forum and the successor no doubt had knowledge of its predecessor's presence within the forum.” 3
2 A. David Ostrem, Sr. v. Prideco Secure Loan Fund, Lp
iowa · 2014
green “an assignee . . . assumes a limited bundle of rights, obligations, and expectations.” 3
3 McAlister v. American Railway Express Co.
nc · 1920
green “where two corporations effect a consolidation (or merger), and one of them goes entirely out of existence, and no arrangements are made respecting its liabilities, the resulting consolidated (or merged), corporation will, as a general rule, be entitled to all the property and an…” 3
4 Perry Drug Stores v. CSK Auto Corp.
ca6 · 2003
green “a court may impute the jurisdictional contacts of a corporate predecessor to its successor where the successor expressly assumed the liability of the predecessor” 3
5 State of N.C. v. E.I. Du Pont De Nemours & Co.
ncbizct · 2021
green “a corporation which purchases all, or substantially all, of the assets of another corporation is generally not liable for the old corporation's debts or liabilities.” 3
6 State of N.C. v. E.I. Du Pont De Nemours & Co.
ncbizct · 2021
green “chemours' assumption of pfas liabilities as a legal matter does not preclude corteva and new dupont from assuming those same pfas liabilities and corteva and new dupont do not cite any authority supporting this position.” 3
7 State of N.C. v. E.I. Du Pont De Nemours & Co.
ncbizct · 2021
green “it is clear that by execution of the dowdupont separation agreement and the letter agreement, corteva and new dupont assumed certain liabilities related to old dupont's manufacturing of pfas.” 3

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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