Gallenberg Equipment, Inc. v. Agromac International, Inc.
District Court, E.D. Wisconsin
1Opinion of the Court
DECISION AND ORDER
ADELMAN, District Judge.
This case is about corporate successor liability. In general, a corporation that purchases the assets of another corporation does not succeed to the seller’s liabilities. However there are exceptions to the general rule. The question in the case is whether the dealership agreement between plaintiff, Gal-lenberg, and the defendant predecessor, the Lockwood Company, is within one of the exceptions and therefore binding on the defendant Agromae. I hold that it is not.
I. FACTUAL BACKGROUND
Plaintiff Gallenberg Equipment, Inc., a Wisconsin corporation…
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- Allstate Insurance v. HagueSupreme Court of the United States · 1981
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