Case Law Summaries

Virginia – Successor Liability

VirginiaLa Bella Dona Skin Care, Inc. v. Belle Femme Enterprises, LLC, No. 181017, decided August 26, 2019. The Virginia Supreme Court held that the defendant corporation was a mere continuation of the debtor corporation, and therefore liable as a successor, based on evidence including that the defendant was formed two days before the plaintiff could execute its judgment and then drained the debtor’s bank account the next day, that there was a lack of consideration for the asset transfer, and that a law firm bought the remaining assets, sold them back to the defendant, and altered the documents.

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