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Business Organizations Keyed to Bouchoux
Welco Industries, Inc. v. Applied Companies
Citation:617 N.E.2d 1129 (Ohio 1993)
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- Topic: Identifies the topic of law and where this case fits within your course outline.
- Parties: Identifies the cast of characters involved in the case.
- Procedural Posture & History: Shares the case history with how lower courts have ruled on the matter.
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- Brief Facts: A Synopsis of the Facts of the case.
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- Facts: What are the factual circumstances that gave rise to the civil or criminal case? What is the relationship of the Parties that are involved in the case. Review the Facts of this case here:
On February 16, 1988, Welco Industries, Inc. filed a breach of contract action against appellee Applied Companies. On March 30, 1988, another corporation, appellant Vickers, Inc., entered into a purchase agreement with Welco and its parent corporation, E.A.C. Industries, Inc. Vickers agreed to purchase certain Welco assets and retained such assets as cash and the right to collect under any insurance policies owned by Welco or E.A.C. Vickers did not assume any rights or liabilities regarding the contractual arrangements between Welco and Applied. Applied claimed against Welco, alleging that Welco had breached the contract agreement by supplying Applied with products that were both defective and composed of parts not approved by the government.
- Issue(s): Lists the Questions of Law that are raised by the Facts of the case.
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