The defendant, Terex Corporation, sought leave to appeal an order dismissing its motion for summary judgment.
The plaintiffs sued for injuries sustained in a forklift accident, alleging that Terex assumed the product liabilities of the original manufacturer through an asset contribution agreement and a share purchase agreement.
Terex argued that the doctrine of privity of contract prevented the plaintiffs from relying on the agreements and that successor liability did not apply.
The Divisional Court found no reason to doubt the correctness of the motion judge's conclusion that there was a genuine issue for trial regarding successor liability, particularly under the express assumption theory.
The motion for leave to appeal was dismissed.