ASA Architects, Inc. v. Schlegel

[This opinion has been published in Ohio Official Reports at 75 Ohio St.3d 666.] ASA ARCHITECTS, INC., APPELLEE AND CROSS-APPELLANT, v. SCHLEGEL, APPELLANT AND CROSS-APPELLEE. [Cite as ASA Architects, Inc. v. Schlegel,

1996-Ohio-427.] Corporations—Surviving corporation in a merger is liable for all obligations of a constituent corporation—R.C. 1701.82(A)(3) and (4), construed and applied. __________________ A surviving corporation in a merger is liable for all obligations of a constituent corporation. Therefore, a properly executed mandatory stock purchase agreement entered into between a…