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Majority.pdf

2010-10-22.hecht.pdf
Preview of Majority
🔗 Source: docs.texasappellate.com
📊 Size: 196 KB
📄 Pages: 39 pages
⬇️ Downloads: 103

Summary

The Texas Supreme Court held that a statute limiting successor liability for asbestos claims violates the Texas Constitution's prohibition on retroactive laws, as applied to a pending action, and reversed the judgment of the court of appeals, remanding the case to the trial court. The case involved Barbara Robinson's lawsuit against Crown Cork & Seal Co., alleging her husband's mesothelioma was caused by exposure to asbestos products manufactured by Mundet Cork Corporation, which Crown acquired in 1963. The court found that the statute, which limits successor liability to the fair market value of the transferor's assets at the time of the merger, cannot be applied retroactively to pending cases.

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Description

The Texas Supreme Court held that a statute limiting successor liability for asbestos claims violates the Texas Constitution's prohibition on retroactive laws,...

Technical Information

  • File Format: PDF
  • File Size: 196 KB
  • Pages: 39
  • Language: EN
  • Total Downloads: 103
  • Last Updated: 2 months ago

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