In Semenetz v. Sherling & Walden, Inc., (7 NY3d 194 [2006]) the Court of Appeals declined to recognize a "product line" exception for successor liability and adhered to the four Schumacher exceptions. In its ruling the Court stated in pertinent part that: "As for whether liability should be imposed upon the successor corporation because it enjoys the benefit of its predecessor's goodwill, "any benefit the successor acquired through the goodwill or reputation of the predecessor's product line was considered and negotiated for at the time of the sale and constituted part of the sale price. To hold the successor liable for defects in products manufactured by the predecessor would be forcing the successor to pay twice for . . . goodwill"" (Id. at 200.)