AMERICAN XYROFIN INC. v. Allis-Chalmers Corp.

Plaintiffs, American Xyrofin, Inc., and Finn-Cal Sweetener Company, appeal the trial court’s order granting summary judgment in favor of defendants, Allis-Chalmers (Chalmers) and A-C Compressor Corporation (A-C), on the issue of recovery in tort for economic losses. A-C separately appeals the trial court’s order in favor of Chalmers on their cross-motions for summary judgment on the issue of successor liability under the terms of an asset purchase agreement.

The issues presented for review are: (1) whether the harm resulting from the failure of a centrifugal compressor, including damage to the…