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PANCRATZ v. MONSANTO CO.

No. 94-1769.

547 N.W.2d 198 (1996)

Gary C. PANCRATZ and Cindy L. Pancratz, Individually and as Parent and Friend of Cassandra L. Pancratz; Kathryn Pancratz; and Noah C. Pancratz, Plaintiffs, v. MONSANTO COMPANY; Knutson Construction Company; David Bear, Inc.; and Newport Manufacturing, Inc., Defendants. MONSANTO COMPANY, Appellant, v. KNUTSON CONSTRUCTION COMPANY, Appellee, and David Bear, Inc.; and Newport Manufacturing, Inc., Defendants.

Supreme Court of Iowa.

April 17, 1996.

Attorney(s) appearing for the Case

Charles T. Traw of Leff, Haupert & Traw, Iowa City, for appellant.

Connie Alt and Diane Kutzko of Shuttleworth & Ingersoll, P.C., Cedar Rapids, for appellee.

Considered by HARRIS, P.J., and LARSON, LAVORATO, NEUMAN, and SNELL, JJ.

NEUMAN, Justice.

This appeal involves the "mere continuation" exception to the general rule of nonliability for successor corporations. Appellant Monsanto Company, seeking indemnity from a corporation for injuries sustained when a worker on Monsanto's building fell from a defective ladder installed by the corporation's predecessor, urged an expansive application of the exception. The district court rejected Monsanto's argument and determined the successor corporation...

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