C.M. Asfahl Agency V. Tensor

Appellant and appellee, C.M. Asfahl Agency (the Agency), plaintiff below, entered into sales and marketing agreements with appellants and appellees, Tensor, Inc. (Tensor), Quality Drilling Technology, Inc. (QDT), and Quantum Solutions, Inc. (QSI) (collectively, the Tensor parties), defendants below, which entities eventually merged into a single Tensor entity. *fn1 In 1998, appellee, Allied Signal, Inc. (Allied Signal), also a defendant below, and Tensor executed an agreement by which Allied Signal purchased the Tensor assets. Allied Signal maintained that, under the terms of the asset-purchase agreement and because it had purchased only the Tensor assets, the Agency no longer had any right to receive commissions under its sales and marketing agreements with the Tensor parties. Asfahl *fn2 disagreed and, through the Agency, sued the Tensor parties, Allied Signal, George F. Roberts, a Tensor principal, and Robert L. Waters, an Allied Signal principal. *fn3