642 N.Y.S.2d 882 | N.Y. App. Div. | 1996
Order, Supreme Court, Bronx County (Anne Targum, J.), entered April 26,1995, which denied defendant-appellant’s motion for summary judgment dismissing the complaint and all cross claims against it, unanimously affirmed, without costs.
The IAS Court correctly found issues of fact bearing upon appellant’s possible "mere continuation” and "consolidation or merger” successor liability (see, Schumacher v Richards Shear Co., 59 NY2d 239, 245). Evidence tending to support successor liability showed that appellant purchased almost all of the predecessor corporation’s fixed assets and intangibles; that the predecessor corporation apparently ceased to exist soon after the sale; that appellant assumed a name nearly identical to