Ohio Supreme Court Reverses Judgment, Bars Claims Against Dissolved Company

COLUMBUS, Ohio -- The Ohio Supreme Court has reversed a lower court decision allowing claims against a dissolved company, ruling that since the defendant was not amenable to suit in Illinois, it also not amenable to suit in Ohio. In re All Cases Against Sager Corp., No. 2012-Ohio-1444 (Ohio Sup. Ct.).

In the April 3 decision, the high court said that it must "afford full faith and credit to laws in our sister states and that a dissolved foreign corporation that is no longer amenable to suit in its state of incorporation is likewise not amenable to suit in Ohio."