John P. Arness, Teresa C. Plotkin and L. Anthony Sutin
In recent years, many courts have determined longstanding limitations on successor liability to be insufficiently sensitive to the compensation needs of products liability claimants. In response, courts in several jurisdictions have eroded traditional corporate law immunities to successor liability for defective products. Although this liberalization of the principles of successor liability has expanded the range of potential defendants in many tort lawsuits, the expansion of liability has caused an increase…
F. Hodge O'Neal Corporate and Securities Law Symposium
This survey begins in Part II with an examination of the 1973 Supreme Court decision in Golden State Bottling Co. v. NLRB,. That decision has served as the touchstone for the rapid expansion of successor liability from the National Labor Relations Act (NLRA) to other federal labor statutes and state law. Part III marks the evolution of successor liability under the NLRA. Part IV chronicles the transfer of liabilities to…