05May
An Asset Purchase That Wasn’t—Beware the De Facto Merger Doctrine in Distressed M&A
It is a basic tenet of private company business acquisitions that buying assets from the target, rather than acquiring the equity of the target, allows the buyer to avoid taking on any of the target’s liabilities that are not expressly assumed. And,...
By:
Weil, Gotshal & Manges LLP
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