Fred Ufkes Authors Law360 Article on the Inherent Risks in Purchasing Assets of a Predecessor

October 24, 2013

Hinshaw & Culbertson LLP partner Frederick J. Ufkes authored an article in Law360 titled "The Inherent Risks in Purchasing Assets of a Predecessor." 

The article thoroughly discusses the the California Supreme Court Decisions in the case of Ray v. Alad. Mr. Ufkes offers a thorough analysis of the case as well as recommendations. The article covers various aspects of the case such as the facts of the case as well as the different approaches to litigation the plaintiffs used. Mr. Ufkes goes on to discuss the trial and findings resulting from the trial. Mr. Ufkes further discusses the different lessons learned from the results of the trial which are the questionable usefulness of cross-complaint for idemnity, motions for summary judgment vs. bench trials and how the Ray Product Line Exception has a limited application. The different sections of the article include:

Subscribers can read the full article, "The Inherent Risks In Purchasing Assets of a Predecessor" on Law360.

Hinshaw & Culbertson LLP is a national law firm with approximately 500 attorneys providing coordinated legal services across the United States and in London. Hinshaw lawyers partner with businesses, governmental entities and individuals to help them effectively address legal challenges and seize opportunities. Founded in 1934, the firm represents clients in complex litigation and in regulatory and transactional matters.