Wallace v. Dorsey Trailers Southeast, Inc.

MAGILL, Circuit Judge.

In this diversity case, we must construe and apply Missouri’s corporate successor liability rule to determine whether a corporation purchasing the assets of another corporation may be responsible for the liabilities of its predecessor. Appellants, various relatives of decedent Glen Wallace (Wallace), brought this wrongful death action against Dorsey Trailers Southeast, Inc. (Dorsey), an alleged corporate successor of Holán Equipment division of Ohio Brass (Holán Equipment) to recover damages allegedly caused by a defective aerial bucket lift manufactured by Holán…