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Nell Doctrine Exceptions
Legal Sheets

Exceptions to the Nell Doctrine

The Supreme Court laid down the exceptions to the Nell Doctrine, in which instances, the transferee shall assume the liabilities of the transferor corporation...
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Debt and Liability
Legal Sheets

Liability of Transferee for the Debts of Transferor When a Corporation Sells All of Its Assets to Another

Generally where one corporation sells or otherwise transfers all of its assets to another corporation, the latter is not liable for the debts and liabilities of the transferor...
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