Effects

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1. In a statutory merger, which corporation continues as the single corporate entity?
2. What happens to creditors' rights and liens on constituent property in a merger or consolidation?
3. What happens to a pending action by or against an absorbed constituent corporation after an effective merger?
4. Alpha owes a supplier an established corporate debt and is absorbed into Beta in an effective statutory merger. Beta sa…
5. Constituent corporations approve a merger plan internally but the SEC has not issued the required approving certificate…
6. A lender holds a valid lien on a constituent corporation's warehouse. After an effective merger, the survivor receives …
7. Company C has a pending collection suit and unpaid receivables when it consolidates with D into newly formed E under a …
8. Distinguish merger from consolidation in terms of the resulting entity and constituent existence.
9. Explain why an effective merger cannot by itself be used to defeat a constituent's creditor or terminate its pending la…
10. A company purchases selected assets under an ordinary sale and calls the transaction a merger in a press release. May a…
11. Does Section 79’s transfer of constituent property cover personal property as well as real property?
12. Are receivables from constituent share subscriptions expressly included in Section 79’s vesting rule?