Quote:
Originally Posted by C5Natie
I agree. Same thing happened when our fleet changed maintenance companies from Johnson Control to Penske. Penske had to honor all warranty work that Johnson had done.
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Ya maybe. Except they could pay you cash, they dont have to give you a new battery.
When a corporation buys out a new corp, or merges, generally they will be liable for its contracts and debts when the companies are substantially the same, operate in the same fashion and it was foreseeable that they would be bound to such obligations.
That may not be the case here if JCP auto was a different corporation than the current store. Penske and Firestone are substantially the same kind of business, JCP and JCP auto are not. So they may not even legally be obligated to pay you the $120. Its called successor liability.