statute. The merger agreement provided that at the effective time of the merger, First Tennessee “shall be liable for all liabilities of each of the participating banks and all deposits, debts, liabilities, obligations and contracts of each of the participating banks, whether material or immaterial, accrued, contingent or otherwise ... shall become those of the Association, and shall not be released or impaired by the merger, and all rights of creditors and other obligees ... shall be preserved unimpaired.” (Emphasis added.) As one court has stated in a similar case, “It is difficult to imagine a more comprehensive statement of assumption of liability than that which is contained in this merger agreement.” Douglas v. Bank of New England/Old Colony, N.A., 566 A.2d 939, 941 (R.I.1989) (<HOLDING>). Under the merger agreement, the bank
holding successor national bank liable for punitive damages judgment against bank that merged into successor national bank holding that a bank customer did not have a reasonable expectation of privacy in records maintained by the bank holding that the national bank act preempts state law claims challenging termination of national bank officers and voids a contractual promise to pay severance upon early termination recognizing that a bank customer may have a tort claim against a bank for the wrongful dishonor of a check holding a bank liable where a bank officer held checks that were intended to pay the irs for withheld taxes