United States Sixth Circuit
DANA CORP. v. CELOTEX ASBESTOS SETTLEMENT TRUST, 99-4493, 99-4494
Where the terms of a stock purchase agreement required plaintiff to reimburse and indemnify a predecessor in interest to a settlement trust for "all obligations and liabilities of the Subject Corporation," plaintiff's predecessor had to suffer a damnification before plaintiff was required to indemnify for the subject corporation's tortious conduct.
Appellate Information
- Decided 06/04/2001
- Published 06/04/2001
Judges
- Before KEITH, SILER, and CLAY, Circuit Judges.
Court
- United States Sixth Circuit
Counsel
- For Appellant:
- Matthew Gluck (argued and briefed), Barry G. Sher (briefed), Fried, Frank, Harris, Shriver & Jacobson, New York, NY, Joan C. Szuberla (briefed), Theodore M. Rowen (briefed), Spengler Nathanson, Toledo, OH, for Appellant.
- For Appellees:
- Mark I. Levy (argued and briefed), John Briggs (briefed), Howrey, Simon, Arnold & White, Washington, DC, Richard S. Walinski (briefed), Cooper & Walinski, LPA, Toledo, OH, for Appellee.