In its recent decision in Fizzano Brothers Concrete Products v. XLN, 42 A.3d 951 (Pa. 2012), the Pennsylvania Supreme Court addressed for the first time the question of whether, in the context of an asset purchase, it is necessary for shareholders of the selling corporation to have any ownership in the buyer in order for the de facto merger doctrine to apply.
Buyer Beware: A Cautionary Tale of the De Facto Merger Doctrine
The Legal Intelligencer
October 30, 2012
This content is now available at LexisNexis®.
The ALM® and LexisNexis® Content Alliance
LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM’s legal news publications. LexisNexis® customers will be able to access and use ALM’s content by subscribing to the LexisNexis® services via lexis.com® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM’s other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.
ALM’s content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.
If you are not currently a LexisNexis subscriber, contact 1-800-227-4908 to find out more or click here to have a customer representative contact you directly.