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Simple English definitions for legal terms

mere-continuation doctrine

Read a random definition: veteran

A quick definition of mere-continuation doctrine:

The mere-continuation doctrine is a rule that says if one company transfers all its assets to another company and only one company remains, the new company will be responsible for the old company's actions if they have the same owners and management. This means that the new company is seen as a continuation of the old company and can be held accountable for any legal issues that the old company had.

A more thorough explanation:

The mere-continuation doctrine is a legal principle that holds a successor corporation responsible for the actions of a predecessor corporation if only one corporation remains after the transfer of assets, and both corporations share an identity of stock, shareholders, and directors. This is also known as the continuity-of-entity doctrine.

For example, if Company A sells all of its assets to Company B and then dissolves, but Company B continues to operate the same business with the same management and ownership structure, then Company B may be held liable for any legal claims against Company A.

Another example would be if a company changes its name or merges with another company, but the new entity continues to operate the same business with the same management and ownership structure. In this case, the new entity may also be held liable for any legal claims against the original company.

These examples illustrate how the mere-continuation doctrine can be applied to hold a successor corporation responsible for the actions of a predecessor corporation when there is a continuity of ownership and management between the two entities.

mere | mere-evidence rule

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20:40
Idk I don't see why it would affect admissions just bc you check a status checker provided to you
shaquilleoatmeal
20:48
dont think it does unless youre hittin a ridiculous amount per hour, then it shows you have an issue. Im sure theres people out there who do since mich has a 30 min max in 1 hour limit, cant imagine that existed before someone exceeded it
21:02
Yeah Fair point
21:08
lol adcomms be mining salt and clicks. if they were smart they would run a wall of ads on their status checker to generate revenue from necrosis. maybe i should pitch them the idea?
21:09
*neurosis
neurosis leading to necrosis?
21:17
some of you are donning gay apparel year-round 😂😂😂
21:18
temple or villanova
21:19
my fam is from pennsylvania and says temple is an AWFUL neighborhood
21:20
@KnowledgeableRitzyWasp: i ama fien for necrotic tissue, I cannot lie
21:20
(mortician by trade)
21:21
same outcomes, temple has better trial advocacy. nova has the most partners in BL firms in philly than any other school. But both send 20% to BL if thats ur thing. Temple is located in arguably the roughest part of philly. the campus itself is a campus, but not more than a few blocks away are some neighborhoods u dont wanna walk around in.
21:21
nova more expensive
21:21
very very similar tho
21:21
anywhere in philly is too close to kensington for me fam
21:22
k&a is lower northeast, temple is north. not too far at all but not exactly the same place
21:22
u dont ever need to venture to k&a for any reason dont worry
21:23
nova is in a boujee suburb on the main line
21:23
not even in the city, with no traffic prob 30 mins from the city
21:24
to center city*
21:24
glovie have u seen that meme with the dreidel and it says fuck christmas i need top
21:24
no i fw that tho
guys i slept 12 hours last night. i’m going to sleep 12 more
lol cherie
21:27
i couldn’t find it online so i posted it myself
21:28
😴 🥱 💤 literally you
21:40
lmfaoo @both
Dkk
22:07
Old meme @cherie ancient
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