Jeremy Cohen of Seyfarth Shaw. Courtesy photo Court of Appeals Clarifies New York's Approach to 'Successor Jurisdiction'
The Court of Appeals recently took up successor jurisdiction for the first time. In response to a question certified to it by the Second Circuit, the court held that an entity that acquires all of another entity's liabilities and assets also inherits the selling entity's jurisdictional status.
April 29, 2024 at 09:47 AM
7 minute read
The "successor liability" doctrine is a familiar one in New York, with defined standards and hundreds of reported cases that apply the doctrine to claims in the wake of mergers, asset purchases and other corporate transactions. Less familiar is the related concept of "successor jurisdiction," by which a defendant is subject to specific personal jurisdiction in New York due to its predecessor's in-state contacts.
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