J & B CO. and William D. Breneman, Appellants, v. BELLANCA AIRCRAFT CORPORATION, a Minnesota Corporation, Appellee

J & B Company, a Maryland partnership, and William Breneman, one of the partners, appeal the grant of summary judgment in favor of Bellanca, Inc. (Bellanca). Plaintiffs brought this products liability action against Bellanca for injuries arising out of the crash of a light plane. The plane had been manufactured in 1973 by Bellanca Aircraft Corporation (BAC), a small corporation with factories in Alexandria, Minnesota, and Osceola, Wisconsin. In 1981 BAC filed for Chapter 11 bankruptcy reorganization, which converted to Chapter 7 liquidation in 1982. Later that year Bellan-ca was organized and…