Annys Shin has a followup story in today's Washington Post on the Simplicity bassinet recall that SFCA -- which owns Simplicity's assets -- has refused to participate in, claiming it is not liable. Previous blog. SFCA is a unit of the private equity fund Blackstreet and claims it is not a successor company under the law:

In April, SFCA bought Simplicity's assets at auction. At the time, SFCA was aware of Simplicity's recall of 1 million cribs and voluntarily set aside resources to continue carrying it out. A May news release from Blackstreet said: "The Simplicity brand is well known for its exceptional value, innovative design and unparalleled focus on safety."