Plumbing Supply Company Escapes Successor Liability Asbestos Claim

(September 28, 2018, 11:40 AM EDT) -- NEW YORK — A sale agreement left asbestos liabilities arising from the sale of plumbing supplies with the seller and was not a de facto merger, freeing the purchaser and alleged successor from liability, a New York justice held in an opinion posted Sept. 25 (Barbara Watts, et al. v. A&J Plumbing & Heating Corp., et al., No. 190281/2016, N.Y. Sup., New York Co., 2018 N.Y. Misc. LEXIS 4119)....

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