New York Court: Wisconsin Law Governs Dissolved Company, Bars Asbestos Suits

Mealey's (November 17, 2020, 2:00 PM EST) -- ROCHESTER, N.Y. — New York law governing the viability of lawsuits against dissolved companies borrows the law of the state of creation of the business, a New York appeals court said Nov. 13 in finding that a justice properly dismissed a trio of lawsuits against dissolved Wisconsin asbestos distributor Special Electric Co. Inc. (Christiana T. Brenon, et al. v. Asbestos Corp., et al., Marjorie A. Schrieber, et al. v. Ajax Magnathermic Corp., et al., Shirley J. Thrush, et al. v. Asbestos Corp. Ltd., et al., No. CA 19-00699, N.Y. Sup., App. Div., 4th Dept., 2020 N.Y. App. Div. LEXIS 6823)....

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