Welco Industries, Inc. v. Applied Companies

Supreme Court of Ohio · Decided 1993-09-15

Cited by 487 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

Moyer, C.J. This case presents the question whether a stranger corporation that purchases the assets of another corporation may be held liable for the unassumed contractual obligations of the predecessor under a theory of successor liability. This case specifically requires us to define the contours of the “mere continuation” exception to the general rule of successor nonliability as it applies to claims sounding in contract.…

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