CRE Restaurant Co. v. State, Department of Economic Security

OPINION

FOLEY, Judge.

Relator appeals from the trial court’s affirmance of the Department of Economic Security’s determination that relator assumed the experience rating of its predecessor. We affirm.

*232FACTS

Relator, CRE Restaurant Company (CRE), is a corporation wholly owned by Clarence R. Enright. In 1978, Enright sold property consisting of land, a building, and equipment to a partnership. The partnership gave Enright a mortgage and security interest to secure payment. The partnership then leased the property to the Scott County Restaurant Corporation.

By May 1982, the partnership defaulted upon…