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by throwaway_jobs 2191 days ago
It’s a jurisdictional question so it really depends (I couldn’t tell you in this case, I didn’t work on it personally).

In my opinion it’s even more odd they defended (in at least some jurisdictions a dissolved entity has no standing to bring or defend lawsuits), but even if you could defend, why, time, costs, no ability to pay/collect. Something I always wondered to myself but literally as I wrote the last sentence it hit me...I’m guessing they were insured At the time they were in business selling the slides, so if the plaintiff sued and got a default then they could in theory move to join the insurer and collect against the insurer, so likely it was the insurer behind the scenes paying to represent the dissolved company.

On the flip side I had another colleague work on the Exxon Valdez Oil Spill case at the time it finally ended, let’s just estimate the litigation being over 10 years. During the litigation many of the damaged businesses were dissolved while the litigation was pending and apparently many of those that were dissolved may not have been able to collect as a result.