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eBook details

• Title: Turner v. Bituminous Casualty Company
• Author : Supreme Court of Minnesota
• Release Date : January 26, 1976
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 95 KB

Description

Charles Turner was injured on July 26, 1969, while operating a power press manufactured by T. W. & C. B. Sheridan Company (old Sheridan), which was incorporated in 1903, and is not a party to this suit. Turner and his wife, Gertha, brought this action in 1972 against defendants Harris-Intertype Corporation, its subsidiary which was also named T. W. & C. B. Sheridan Company (new Sheridan), and others, alleging that negligent design of the power press manufactured by old Sheridan caused Turners injury and that Harris and new Sheridan assumed the liabilities of old Sheridan. Harris had agreed in 1964 to purchase the assets of old Sheridan for cash and to assume certain liabilities as listed on May 1, 1964. Harris formed a new corporation as a wholly owned subsidiary, defendant new Sheridan, and designated it to receive the assets of old Sheridan which was renamed "Nadirehs, Inc.". Cash proceeds of the sale were distributed to the shareholders and Nadirehs, Inc., was dissolved on May 5, 1964. Turner received workmens compensation from defendant Bituminous Casualty Company, his employers insurance carrier, which is not involved in this appeal. The Wayne Circuit Court, John D. OHair, J., granted summary judgment for defendants Harris and new Sheridan. The Court of Appeals, Bronson, P. J., and Danhof and Quinn, JJ., denied leave to appeal (Docket No. 19499). Plaintiffs appeal. Held:

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