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02Jun

Is a Purchase in Bankruptcy Really Free and Clear of Liability During COVID-19?

Seyfarth Synopsis: In acquiring a company in bankruptcy, there is often a tendency to think this guarantees the purchaser will be “free and clear” of any liability (including so-called “successor liability”). This is not necessarily so with wage and...
By: Seyfarth Shaw LLP
Source Url: https://www.jdsupra.com/legalnews/is-a-purchase-in-bankruptcy-really-free-67483/

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