REINA v. GINGERALE CORP.

No. 84-1305.

472 So.2d 530 (1985)

Raul REINA, Appellant, v. GINGERALE CORPORATION, Appellee.

District Court of Appeal of Florida, Third District.

Rehearing Denied August 1, 1985.


Attorney(s) appearing for the Case

Anthony J. Scremin and Greg C. McGibney, Miami, for appellant.

Ira B. Price, South Miami, for appellee.

Before NESBITT, DANIEL S. PEARSON and FERGUSON, JJ.


PER CURIAM.

We affirm the summary judgment under review based upon the application of the traditional corporate law rule which does not impose the liabilities of the selling predecessor upon the buying successor company unless: (1) the successor expressly or impliedly assumes the obligations of the predecessor; (2) the transaction is a de facto merger; (3) the successor is a mere continuation of the predecessor; or (4) the transaction is a fraudulent effort to avoid...

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