X
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/

Related

Supreme Court Sets Stage for Game-Changing 2019 Term for Employers

Between gerrymandering and the 'citizenship' question, the Supreme Court concluded its 2018 term wit...

Read More >

Reducing Administrative Hardship – IRS Releases Final Regulations Relating to Hardship Distributions for Section 401(k) Plans

The Internal Revenue Service (the “IRS”) issued final regulations, effective September 23, 2019 (t...

Read More >

An Aging Construction Workforce: Recognition And Response

The number of workers aged 55 and over is increasing, while the number of workers under the age of 2...

Read More >

GAO Calls for Increased Oversight of Organizations That Handle Social Security Benefits for Nearly 1 Million

Every year nearly one million Social Security recipients nationwide rely on nonprofits, nursing home...

Read More >

Employer Tips Part 2: Updates on the FY 2021 H-1B Cap Registration Process

Kathleen Campbell Walker’s January 21, 2020 article titled, “Employer Tips: Preparing for FY 2021 ...

Read More >

With Limited IRS Extension, Plan Sponsors Should Review Their 403(b) Plan Documents

Generally, a 403(b) plan is a retirement planning program whereby a public school or tax-exempt 501(...

Read More >