Nike, Inc. v. Spencer

Nike, Inc., as the surviving corporation of a merger with its wholly owned subsidiary, BRS, Inc., brought this action to enforce a guaranty agreement between defendants and BRS for the debts of Barefoot Sports, Inc., a Wisconsin corporation. After denying defendants’ motions to dismiss for lack of personal jurisdiction, ORCP 21A(2), and for failure to state facts sufficient to constitute a claim, ORCP 21A(8), the trial court granted Nike’s motion for summary judgment and entered a judgment in the amount of $152,326.76, representing the unpaid principal balance of Barefoot Sports’ account with…