Judge: Merger Terms Didn't Include Tort Liabilities

Judge: Merger Terms Didn't Include Tort Liabilities

PHILADELPHIA - The only reasonable reading of a merger agreement between two companies shields a defendant from successor liability for a woman's household asbestos exposure claims, a Washington federal judge held Dec. 27 (Lola Bouchard, et al. v. CBS Corp., et al., No. 11-458, W.D. Wash.; 2012 U.S. Dist. LEXIS 182836).

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