Opinion ID: 1192667
Heading Depth: 1
Heading Rank: 2

Heading: Black Diamond Enterprises, Inc., was a responsible party.

Text: Defendants contend that Black Diamond, a Tennessee corporation, was entitled to a judgment of nonsuit because there was no evidence that it was a party to the agreement dated August 14, 1969, and that there was no evidence that it agreed to employ plaintiff for a period of one year or that it had agreed to assume the liabilities of Amigo. There was evidence, however, that there had been a merger between Black Diamond and Amigo and that Black Diamond had acquired all of the capital stock of Amigo. Under 8A Tenn Code Ann, § 48-905(e) and also under ORS 57.480(5), Black Diamond, as the surviving corporation in the merger, was responsible and liable for the obligations of Amigo, including its obligations under the agreement of August 14, 1969. See also 15 Fletcher Cyclopedia Corporations 152, 153, § 7109 (1961). Therefore, plaintiff was not required to prove an express agreement by Black Diamond to hire plaintiff or to assume the liabilities of Amigo.