Should successor liability only apply in product liability cases?

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Should successor liability only apply in product liability cases?

2007-07-23 18:05:58 · 3 answers · asked by Dominica B 2 in Politics & Government ➔ Law & Ethics

3 answers

I can't think of a place it applies other than product liabilty.

2007-07-23 18:08:31 · answer #1 · answered by Catspaw 6 · 0⤊ 0⤋

I think it should always apply. When you take over something, you assume its assets and liabilities.

2007-07-23 19:35:22 · answer #2 · answered by Anonymous · 1⤊ 0⤋

No. It should also apply in contract, or intentional tort cases.

Whether it applies in negligence cases is debatable -- there are strong arguments in either direction.

2007-07-23 18:08:37 · answer #3 · answered by coragryph 7 · 0⤊ 0⤋