Legal Opinion
Columbia Propane, L.P. v. Wisconsin Gas Co.
Wisconsin Supreme Court
Decided May 13, 2003No. 01-0090PublishedCited by 57 opinions
1Opinion of the CourtWilliam A. Bablitch,j.
¶ 1. At issue in this case is whether a company that acquires the assets of another company via an asset purchase agreement is liable for the liabilities of the selling company which are unknown to either party at the time they enter into the agreement.
¶ 2. The petitioner, Wisconsin Gas Company (Wisconsin Gas) purchased the assets of the now defunct People's Gas Company (People's Gas), primarily consisting of a tract of real property. Wisconsin Gas subsequently sold the property to Columbia Propane, L.P (Columbia Propane). About 30 years later, environmental contamination was discovered on…
2Cases cited24 opinions
- Seetransport Wiking Trader Schiffarhtsgesellschaft Mbh & Co., Kommanditgesellschaft v. Navimpex Centrala Navala and UzinexportimportCourt of Appeals for the Second Circuit · 1993
- Oppenheimer v. Prudential Securities Inc.Court of Appeals for the Fifth Circuit · 1996
- Raymond Leannais and Catherine Leannais v. Cincinnati, Incorporated and Cincinnati-Forte Company and Liberty Mutual Insurance CompanyCourt of Appeals for the Seventh Circuit · 1977
- Ed Peters Jewelry Co. v. C & J Jewelry Co.Court of Appeals for the First Circuit · 1997
- Raytech Corporation v. Earl WhiteCourt of Appeals for the Third Circuit · 1995
19 more not listed; retrieve them via the Exa API.
3Cited by57 opinions
- Amjad T. Tufail v. Midwest Hospitality, LLCWisconsin Supreme Court · 2013
- Confold Pacific, Inc. v. Polaris Industries, Inc.Court of Appeals for the Seventh Circuit · 2006
- Teed v. Thomas & Betts Power Solutions, L.L.C.Court of Appeals for the Seventh Circuit · 2013
- Ash Park, LLC v. Alexander & Bishop, Ltd.Wisconsin Supreme Court · 2015
- Estate of Kriefall v. Sizzler USA Franchise, Inc.Wisconsin Supreme Court · 2012
52 more not listed; retrieve them via the Exa API.