Mealey's Toxic Tort/Environmental - New Jersey Law Allows Suit Against Dissolved Corporations, New York Court Affirms

Mealey's Toxic Tort/Environmental - New Jersey Law Allows Suit Against Dissolved Corporations, New York Court Affirms

NEW YORK - New Jersey law allowing dissolved corporations to "sue and be sued" clearly permits asbestos actions naming Liberty Mutual Insurance Co. as the insurer of the dissolved Jenkins Brothers, a New York appeals court held April 17 (In re New York City Asbestos Litigation; Robert Germain Sr. v. A.O. Smith Water Products Co., et al., Liberty Mutual Insurance Co., Daniel E. Valensi, etc. v. Air & Liquid Systems Corp., as successor by merger to Buffalo Pumps, Inc., et al., Liberty Mutual Insurance Co., Vashtee Antle, etc. v. A.O. Smith Water Products Co., et al., Liberty Mutual Insurance Co., Janeed Khan v. 3M Co., individually and as successor to Minnesota Mining and Manufacturing Co., et al., Liberty Mutual Insurance Co., Laurence Cunningham, et al. v. 3M Co., etc., et al., Liberty Mutual Insurance Co., No. 12249, N.Y. Sup., App. Div., 1st Dept.; 2014 N.Y. App. Div. LEXIS 2623).

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