Efrain Ramirez and Laura Ramirez, His Wife, Plaintiffs-Respondents v. Amsted Industries, Inc., Defendant-Appellant…

Summary

The Supreme Court of New Jersey affirmed the Appellate Division's reversal of summary judgment, holding that a corporation that acquires all or substantially all of a predecessor's manufacturing assets and continues the same product line is strictly liable for injuries caused by defects in the predecessor's products, applying the Ray product‑line test and limiting retroactive application to acquisitions after November 15, 1979.