Asbestos. Photo: Anneke Schram/iStockphoto.comPa. High Court to Weigh Parent Company's Liability for Dissolved Subsidiary's Conduct
The plaintiffs had contended that their alleged asbestos-related injuries were caused by Dravo, a corporation Carmeuse acquired in the late 1990s that eventually became a limited liability company and filed for dissolution in 2018. The plaintiffs argued that Carmeuse, as Dravo’s parent company, could be held liable for their alleged injuries.
November 27, 2024 at 03:31 PM
3 minute read
What You Need to Know
- The Pennsylvania Supreme Court agreed to take up a case examining whether a group of asbestos plaintiffs may bring their claims against the parent company of a would-be defendant that has been dissolved.
- The appeal centers on questions of what it takes for plaintiffs to pierce the corporate veil under Pennsylvania law.
- The defendant contends it cannot be held liable for the conduct of a now-dissolved company it had acquired.
The Pennsylvania Supreme Court has agreed to examine whether a group of asbestos plaintiffs may bring their claims against the parent company of a would-be defendant that had since dissolved.
The high court’s Tuesday grant of defendants’ petition for appeal in In re Dravo-Derivative Claims Against Carmeuse Lime centers on questions of what it takes for plaintiffs to pierce the corporate veil under Pennsylvania law.
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