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SCHMIDT v. FINANCIAL RESOURCES CORP.

No. 2 CA-CIV 5020.

140 Ariz. 135 (1984)

680 P.2d 845

Walter H. SCHMIDT, Plaintiff/Appellee, v. FINANCIAL RESOURCES CORPORATION, an Arizona corporation, Defendant/Appellant.

Court of Appeals of Arizona, Division 2.

April 13, 1984.

Attorney(s) appearing for the Case

DeConcini, McDonald, Brammer, Yetwin & Lacy, P.C. by David C. Anson and Michael R. Urman, Tucson, for plaintiff/appellee.

Johnson & Dowdall by Richard J. Dowdall and Daniel H. Parks, Tucson, for defendant/appellant.

OPINION

BIRDSALL, Chief Judge.

This appeal challenges the entry of a summary judgment requiring a successor corporation to pay a judgment debt of its predecessor following a merger. The appellant is Financial Resources Corporation, an Arizona corporation resulting from a merger between that entity and American Leasco, another Arizona corporation. Appellee and plaintiff in the action below is Walter H. Schmidt (Schmidt).

In August 1980 Schmidt sued...

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