Legal Opinion
Semenetz v. Sherling & Walden, Inc.
New York Court of Appeals
Decided June 13, 2006PublishedCited by 21 opinions
POINTS OF COUNSEL
1Opinion of the Court
OPINION OF THE COURT
Read, J.
A corporation that purchases another corporation’s assets is not liable for the seller’s torts, subject to four exceptions outlined in Schumacher v Richards Shear Co. (59 NY2d 239 [1983]). Plaintiff Bridget Semenetz asks us to revisit Schumacher to endorse a fifth exception — the “product line” exception in cases of strict products liability. For the reasons that follow, we reject the “product line” exception.
I
In May 1998, defendant S & W Edger Works, Inc., an Alabama corporation, sold a 10,000-pound band sawmill 1 to Semenetz Lumber Mill, Inc., located in…
2Cases cited6 opinions
- Ray v. Alad Corp.California Supreme Court · 1977
- Schumacher v. Richards Shear Co.New York Court of Appeals · 1983
- Fish v. Amsted Industries, Inc.Wisconsin Supreme Court · 1985
- City of New York v. Charles Pfizer & Co.Appellate Division of the Supreme Court of the State of New York · 1999
- Hart v. Bruno Machinery Corp.Appellate Division of the Supreme Court of the State of New York · 1998
1 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- U.S. Bank Nat'l Ass'n v. Bank of Am. N.A.Court of Appeals for the Second Circuit · 2019
- Colon v. Multi-Pak Corp.District Court, S.D. New York · 2007
- Lelchook v. Société Générale De Banque Au Liban SALCourt of Appeals for the Second Circuit · 2023
- Doktor v. Werner Co.District Court, E.D. New York · 2011
- Donald Dean & Sons, Inc. v. Xonitek Systems Corp.District Court, N.D. New York · 2009
16 more not listed; retrieve them via the Exa API.